Report: Jindalnomics bring La. far down on tax collections
Hawaii is the only other state in the country that had less tax-collection growth than Louisiana last year, and according to the nonprofit Tax Foundation, the “accounting gimmicks” and “irresponsible” use of one-time dollars under the Jindal administration to avoid raising taxes could be hurting the state’s overall growth.
According to The Advocate, a new report from the Tax Foundation says Louisiana, for the 2011-2012 fiscal year, saw a 1.2 percent increase in tax collections, a small fraction of the 8.9 percent national average. Hawaii’s growth percentage was the lowest at .4 percent:
The report does not specifically categorize Louisiana, but Tax Foundation economist Mark Robyn said Louisiana seems to have taken the “combination” route of using billions of dollars in one-time funds and “across-the-board budget cuts” in recent years. Gov. Bobby Jindal has avoided going the third route of seeking new taxes.
“In the short term, as boom turned to bust, the combination of unsustainable spending commitments and dropping tax revenue led to opening of significant structural budget deficits in many states,” the Washington, D.C.-based Tax Foundation report states.
The national average growth rate for the past four years was 4 percent, and that included during the economic recession. Louisiana grew 3 percent during that time, ranking 43rd nationally.
Jindal responded to The Advocate through a prepared statement, telling the Baton Rouge paper that the Pelican State has “one of the best business climates in the country.”
The Advocate, however, points out that Louisiana is ranked 32nd by the Tax Foundation for “business tax climate,” one spot higher than the 33rd ranking Louisiana held before Jindal took office.
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OCT 31 The National Journal posts another story from its visit to NOLA, this one about the struggling Vietnamese shrimpers in the area. The publication has been looking at how the state is recovering from Katrina, nine years later.
OCT 31 The New York Times posts this look at Louisiana politics, and how national issues are forcing out the old-time local politicking. Of course they mention EWE, aptly described as an old-time politician known for "charming one half of the state and mortifying the other."
OCT 31 Here's an AP story on the ABC site about Louisiana's chicken little response to an international medical conference planned in NOLA this weekend. Organizers (who are actual physicians, as opposed to the hand-wringing state officials who issued the edicts) say the orders are "unfortunate" given that a main focus of the meeting was Ebola.
OCT 31 Given the things Bobby Jindal has said and done since he's been governor, it's a pretty safe bet he thinks we're a bunch of dummies. Apparently, he's sure President Obama is one, too. This story on Huff Post quotes Jindal as saying the president - a graduate of Harvard Law - should sue to get his money back. (What should a Brown biology grad who doesn't believe in evolution do?)
OCT 31 Us old folks are used to a two-party system, although most of us aren't sold on its success. But what if that system wasn't in place; what if politics reflected the true level of diversity among voters? That's what an LSU student is dreaming of in this editorial. He sees the two parties' control of our politics as limiting.
OCT 31 And you thought the Senate race was dirty. This post on the Forward Now blog tells the story of a Shreveport mayoral campaign worker who was paid to "infiltrate" and "sabotage" an opponent's campaign. Karma's a beeotch, though, because turns out the guy really liked the "enemy," and now he's supporting her. For real.
OCT 30 The National Journal offers this analysis of Bobby Jindal's willingness to stump in any Senate campaign that's not in Louisiana. Why is that? The Journal asks some GOPers and finds that the answer is one we already know: he's so unpopular here, because he's been so busy running for President, that his support might be "toxic."
OCT 30 Blogger Tom Aswell is still all over the OGB mess - and all by himself, apparently. In this post, he's revealing orders from the Jindal administration to destroy records from the state employee health insurance plan. Those orders (he's heard) have angered the Secretary of State and caused an administration lawyer to quit her job. Wow!
OCT 30 A NOLA lady has alleged she was drugged and raped at a Bywater club that had a clothing-optional policy until recently, and she's now become the victim of a smear campaign, columnist Jarvis DeBerry writes in this post. She chose to reveal her story and her name, and she's being punished for that now, he says.
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