Louisiana’s newly elected Democratic Governor, John Bel Edwards, has proposed a package of tax increases to fix a $940 million budget deficit. Now, before you run off and grab a calculator to try and figure out what kind of numbers we’re talking about, consider the word “million” attached to the end of that $940 and let that sink in for a moment.
This won’t be a small, unnoticeable tax hike. It’ll be the kind of tax hike that casts a very large shadow over the finances of everybody who voted Edwards into office and those who didn’t.
How is he going to get something like this passed in a GOP-controlled state legislature, you might be wondering. Well, for starters, he issued a warning that should his tax package be rejected, “you can say goodbye” to the LSU Tigers, which is Louisiana’s biggest college football team.
He followed that “threat” by saying that campuses could run out of money and be forced to shut down. Not that that would actually happen, but is closing down a college a bigger deal than closing down the state economy?
Read what GOP treasurer, John Kennedy had to say on the next page.
WELL GOV. THE MORE YOU SAY THE WORDS MORE TAXES PEOPLE THINK MORE AXES.
Rather say goodbye to Edwards
No thanx…on the taxes!
Did it ever occur to any to DECREASE SPENDING??????
Goodbye to you governor !
Idiot close down LSU. U best stop spending
Well bye.
Tax the rich ! The middle class are the ones picking up the taxes that they don’t pay ! The want to live the lives of Kings and Queens, they have a responsibility to America to pay their fair share of taxes instead of having others less fortunate to do so !
Without taxes we would become like everyone else who is in POVERTY ! The problem we have are politicians that make way more than they are worth , but only taxed on a small percentage of their earnings ! Whatever we make gets taxed fully ! They need to pay their fair share of taxes !
Since its tax season I guess this is relevant. For all the complainers out there remember that the top 50% pay 97% of all taxes in this country. The top 1% pay 45%-49%, while the top 20% pay almost 84%. Taxes don’t stop spending by our government, and spending artificial money only leads to one outcome, collapse. A front loaded stock market in 2009 with a stimulus that had no backing leads to the 2% growth we have right now. You’d think we would have learned from the 1929 crash and the eventual Great Depression that creating government programs will not lead to growth. Liberals reference FDR as this great progressive president that fixed our economy when in reality his programs did absolutely nothing to lead the country out of a depression.