{"id":17565,"date":"2013-03-30T18:33:18","date_gmt":"2013-03-30T22:33:18","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=17565"},"modified":"2013-03-30T18:33:18","modified_gmt":"2013-03-30T22:33:18","slug":"jindal-raises-sales-tax-estimate-amid-growing-opposition","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/17565\/jindal-raises-sales-tax-estimate-amid-growing-opposition\/","title":{"rendered":"Jindal Raises Sales Tax Estimate Amid Growing Opposition"},"content":{"rendered":"<p>A new, <a href=\"http:\/\/www.nola.com\/politics\/index.ssf\/2013\/03\/jindal_tax_plans_passage_in_do.html\" target=\"_blank\">higher-than-originally-estimated sales tax<\/a> will be needed to recoup revenue lost if Louisiana legislators adopt Governor Bobby Jindal\u2019s proposal to <a href=\"http:\/\/cfif.org\/v\/freedom_line_blog\/17544\/update-on-jindal%E2%80%99s-sales-for-income-tax-swap\/ \" target=\"_blank\">swap the state\u2019s income taxes<\/a> on individuals and businesses for an expanded sales tax.<\/p>\n<p>The revision, released by Jindal\u2019s office last Thursday, raised the proposed sales tax rate from <a href=\"http:\/\/www.nola.com\/politics\/index.ssf\/2013\/03\/jindals_tax_swap_proposal_now.html\" target=\"_blank\">5.88 percent to 6.25 percent<\/a>, according to reporting by The Times-Picayune of New Orleans.<\/p>\n<p>The timing of the announcement could hardly have been worse.\u00a0 So far, no business group has mobilized in support of the proposal.\u00a0 Instead, some of the state\u2019s most influential business associations are opposing the measure because it shifts $500 million in taxable events onto business transactions that are currently exempt.<\/p>\n<p>On the other side of the spectrum, a group of <a href=\"http:\/\/www.nola.com\/politics\/index.ssf\/2013\/03\/louisiana_religious_leaders_sp.html\" target=\"_blank\">three hundred religious leaders<\/a> signed a letter to Jindal arguing that the tax swap would amount to a tax increase on the poor.<\/p>\n<p>Even fiscally conservative Republicans are wary because of the administration\u2019s inability to peg a consistent revenue amount if the state moves from income to sales to fund the government.\u00a0 That skepticism will now grow with Jindal\u2019s higher tax rate, since it looks to some like a tacit admission that previous estimates were overly optimistic.<\/p>\n<p>So far, Jindal appears to be making one of his few missteps in an otherwise very successful run as Louisiana\u2019s governor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new, higher-than-originally-estimated sales tax will be needed to recoup revenue lost if Louisiana legislators adopt Governor Bobby Jindal\u2019s proposal to swap the state\u2019s income taxes on individuals and businesses for an expanded sales tax. The revision, released by Jindal\u2019s office last Thursday, raised the proposed sales tax rate from 5.88 percent to 6.25 percent, [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1448,4021,526,1447,4022],"class_list":["post-17565","post","type-post","status-publish","format-standard","hentry","category-posts","tag-bobby-jindal","tag-income","tag-louisiana","tag-reform","tag-sales"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/17565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=17565"}],"version-history":[{"count":4,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/17565\/revisions"}],"predecessor-version":[{"id":17569,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/17565\/revisions\/17569"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=17565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=17565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=17565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}