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BREAKING NEWS

Jindal administration backs tax cut

  • Advocate Capitol news bureau
  • Published: May 14, 2008 - UPDATED: 10:18 a.m.

Gov. Bobby Jindal and his top legislative leaders announced at a press conference this morning that they are backing a $300 million tax cut but not the elimination of the state income tax.

“This is a permanent tax cut. It won’t be undone by this administration,” Jindal said during a press conference at the State Capitol.

Jindal is supporting the original form of Senate Bill 87, which  began as legislation that would revise some of the income tax brackets the Stelly plan changed.

The Stelly plan, named for the former legislator who drew up the measure, phased out state sales taxes on necessities while increasing income taxes for some wage earners.

Jindal wants to delay the tax break to begin in Jan. 1, 2009. Taxpayers would not get savings until they file their income tax returns in 2010.


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Boudreau
Wednesday, May 14, 2008
10:57 AM

In all fairness, this bill should be retroactive to January 2008. This would give some of the 'surplus' to the people who paid it, instead of Jindal's multi-million dollar pay package for his administrators!
Boudreau
Wednesday, May 14, 2008
10:57 AM

In all fairness, this bill should be retroactive to January 2008. This would give some of the 'surplus' to the people who paid it, instead of Jindal's multi-million dollar pay package for his administrators!
Former Republican
Wednesday, May 14, 2008
11:11 AM

Robbing Peter to pay Paul. Louisiana has a horrible public education system, worse roads, and many endemic issues to address - most of which will need to be paid for somehow, but what does Jindal do? Chop taxes, so that the next governor who inherits the boy wonder's fiscal mess will be the one to clean it up. Bush chopped taxes in 2000. We're now running the largest debts in history and despite that, still paying more every day for basic items, so it's a big net loss. Don't people ever learn?
withersteen
Wednesday, May 14, 2008
11:25 AM

Perfect Republican strategy. Rather than fix an ineffective government, they pander and reduce taxes. Which, over time, results in an even more ineffective government. The trifecta is complete when the people no longer have any expectation that their government could ever be effective. So we turn to faith-based initiatives, which is just pandering to the latest round of donors. No wonder Louisianians have poor schools, bad roads, and a corrupt leadership. How about an investment in our future: schools, roads, or a real police presence in New Orleans; the needs are many, and the best our leadership can do is exhort us to "go shopping." Enjoy your stimulus, its all you're gonna get for a while.
Devon
Wednesday, May 14, 2008
11:53 AM

As much as I like to see a tax break given to those who actually pay taxes, I hate to see less money in the states budget. I disagree with Jindal’s proposal for a tax break but I am in favor of a tax break because I feel the tax payers already pay way more than their share of taxes and not benefiting from most of the services their money is used for, i.e. public schools, welfare, police, jails, and health care. The ultimate solution that would make the taxes even across the board is to eliminate state income taxes and raise sales tax. If the rich buy more, then they would ultimately pay more, regardless the poor will have to start paying to live.....JUST LIKE THE REST OF US WHO WORK FOR A LIVING. Not to mention how much money LA would generate from out of town tourists. This is a win/win situation. Secondly TOLL ROADS!!
Caleb
Wednesday, May 14, 2008
12:30 PM

Former Rep: Think about this. You stated the Bush administration cut taxes and now we are running some of the largest debts in history. That's for the US as a whole though. Net migration into the US is slower than it is from state to state. So while the US can mainly grow from births within it's boundaries...states can grow from net migrations within the US. What does this have to do with taxes? The more people you have, the more business you have, the more of both of these, the more money the state takes in. This would of course mean the more money the state has to spend, but the new population and business should generate new $ for the state. The whole plan behind cutting certain taxes (and all the other things Jindals administration is doing) is to attract business and people to the state, which in the long run will have a more positive affect. I'm not all for cutting all the taxes however, just some. I firmly believe the "phase out" process is a much smarter road to take.
Jason
Wednesday, May 14, 2008
12:48 PM

Guys, I think you might want to go back and read the news. All of it that is! This bill merely returns the state tax system to its pre-Stelly plan status. $300 million for this plan, which Jindal is backing, as opposed to a $4 Billion (yes a Billion) tax cut that Legislators are proposing. This bill is designed to make income tax fair again, which is what the legislatures screwed up before and are trying to do again. By the way, he is merely supporting the bill he is not the author.
dkny
Wednesday, May 14, 2008
1:06 PM

Typical Lib responses...We have a 31 Billion..that is with a B...budget. Learn to spend what you have wisely. Taxing the little man does what good again?
Matt
Wednesday, May 14, 2008
3:51 PM

Rome was not built in a day guys. Bobby has 8 years (yes, i said 8) to do us some good. He has already done more in a few months than Blanco did in her entire term. I agree with dkny, typical lib responses. Boudreau, I've told you before, "just wait and see."
ataxpayer
Wednesday, May 14, 2008
9:03 PM

Politics aside guys, the article has it wrong. You don't have to wait for 2010 to get your taxes lowered. You get the benefit of the tax cut with your first paycheck in 2009, because withholding rates will be lower.
Former Republican
Thursday, May 15, 2008
12:59 AM

"Bobby has 8 years (yes, i said 8)" Hunh. Don't be too sure, pal. Republicans lost LA-06 to a Democrat, and last night a Democrat won the even more Republican MS-01 district. People with their eyes open are starting to realize that even Blue Dog Democrats are far more conservative than modern Republicans - who seem to be hell-bent on spending everything they get as fast as possible while borrowing money from our children and grandchildren to cover the tax breaks we can't afford.
Matt
Thursday, May 15, 2008
10:23 AM

Former Republican: I don't look at Bobby Jindal and see Republican stamped on his forehead. What intrigues me about Jindal is his conservative ways. Fiscally conservative by being responsible with the budget and one time dollars. Morally conservative: ethics reform, sex offender punishment. He also has the ability to work with both sides of the aisle, and that is because conservative government always works. Yes, I agree that re-election year will be interesting, but it may be that Jindal will be running for president, especially if a liberal gets in the White House after Bush. Those open eyes will be joined by open mouths and empty pockets. We will be hoping for change in our pockets.
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