Friday, March 4, 2016

It's tax time in America

ATR: In an attempt to gain support from Louisiana legislators for the largest tax increase in the state’s history Gov. John Bel Edwards (D- La.) has resorted to fear mongering, holding college football and special needs funding hostage. Unfortunately for taxpayers, it appears to be working.
On Thursday of last week, in the third week of a special session called by Gov. Edwards, the House passed the following tax increases:
  1. 25 percent sales tax increase
  1. Internet Sales Tax
  1. Stores, Vendors Tax Increase
  1. Airbnb Rental Tax
  1. Vendors Must Pay Tax in Advance
  1. Fewer Corporate Tax Deductions
  1. Rental Car Tax Hike

It's a bit more complicated. The previous gov cut taxes and spending when the feds were throwing hurricane cash at the place.  But, aside from that, its tax time.  Time to pay for all those rules and regulations and set asides and special interests.  We see the same in California.

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