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calendar   Friday - January 11, 2013

Jindal Makes His Move

Louisiana Governor Bobby Jindal Calls For Use Tax:

NO Income Tax, NO Corporate Tax



Will it work? I don’t know. But at least he’s willing to give it a try. If it goes in, and LA starts creating jobs all over the place, then we’ll know it’s a hit. And somebody has to have the balls to actually try and do some real tax reform in this country.


Gov. Bobby Jindal is proposing to eliminate Louisiana’s income and corporate taxes and pay for those cuts with increased sales taxes, the governor’s office confirmed Thursday. The governor’s office has not yet provided the details of the plan.

“The bottom line is that for too long, Louisiana’s workers and small businesses have suffered from having a state tax structure that is too complex and that holds back economic prosperity,” Jindal said in a statement released by his office. “It’s time to change that so people can keep more of their own money and foster an environment where businesses want to invest and create good-paying jobs.”

Jindal said the plan would be revenue-neutral and that the goal would be to keep sales taxes “as low and flat as possible.”

“Eliminating personal income taxes will put more money back into the pockets of Louisiana families and will change a complex tax code into a more simple system that will make Louisiana more attractive to companies who want to invest here and create jobs.

“The bottom line is that for too long, Louisiana’s workers and small businesses have suffered from having a state tax structure that is too complex and that holds back economic prosperity. It’s time to change that so people can keep more of their own money and foster an environment where businesses want to invest and create good-paying jobs.”


You go, Bobby. Go go go!


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Posted by Drew458   United States  on 01/11/2013 at 12:27 PM   
Filed Under: • Taxes •  
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