News -> INDReporter THU, MAR 21 11:03AM by Melinda Deslatte, Associated Press

PAR: Jindal plan $650M short of 'revenue neutral'

BATON ROUGE, La. (AP) — A nonpartisan watchdog group says Gov. Bobby Jindal's tax code restructuring plan could cost the state as much as $650 million in lost revenue as currently proposed.

The Public Affairs Research Council of Louisiana says the Jindal administration appears to fall short of making the plan "revenue neutral" as Jindal claims.

PAR says that's because the plan relies on revenue figures from 2011, when the state was struggling with the recession.

Those figures don't match current expectations of income tax revenue for the state or of what tax exemptions cost. PAR says that skews the governor's plans to not lose or gain money from the tax code revamp.

Jindal proposes doing away with state income taxes in exchange for higher state sales taxes and sales taxes charged on more items.


Walter Pierce
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Comments (3)add
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written by Michael A. Moss , March 21, 2013 - 02:41 pm
How will the Jindalista's spin out of this? And why are no Jindalista's commenting on the tax plan.

It's because they are trained to say nothing, and hope us dumb asses will forget> But, not this time folks!!
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written by Greg Foreman , March 22, 2013 - 04:21 pm
THE PIMPING OF LOUISIANA:
In keeping with the fiscal philosophy of Leona Helmsley who made famous the quote “only the little people pay taxes”, Jindal is continuing his pursuit of reinventing the fiscal wheel in Louisiana. By placing more and more of the revenue generation on the backs of the Louisiana citizens, Bobby is insuring his ingratiating of business concerns will continue long after he is out of office. I, personally, have taken to calling Jindal's “business incentives” the second Louisiana purchase. The state and the state's citizens have and continue to suffer under Jindal's “pimping” of Louisiana. However, if the Jindal's tax proposals leaves the state “only” $650 million short of revenue such could be considered an improvement. After all, in Jindal's first four years in office state revenue collections decreased an average of almost a billion dollars($925 million)a year.(LA. DEPT OF REVENUE REPORT, 2011, pg 16). In that regard, a shortfall of $650 million dollars could be considered a “minor” improvement.
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written by Michael A. Moss , March 23, 2013 - 12:46 pm
Greg, Jindal is a puppet of the Ultra Right Wing of the Republican Party. But, he will soon realize they could care less about him than we do!
He is as smart as a computer, but dumb as a rock in the real world.
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