Flocklesscrow@lemm.eetopolitics @lemmy.world•Louisiana lawmakers pass income and corporate tax cuts, raising statewide sales tax to pay for itEnglish
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1 day ago53.6 percent of Louisiana’s budget comes from Federal funds. That’s up from 47 percent in 2011. So for over a decade, they have only INCREASED their dependency on the Federal govt to keep their economy running.
Fuck these regressive dicks. They can’t run their own State, they only exist to transfer public funds to private businesses. And those businesses turn around to grease the politicians’ palms.
They are running a SCAM. And pouring more Federal funds into this scam will NEVER do anything other than enrich the upper wealth layer already grifting the state. Cut them off at the knees. Make up the 53.6% in CORPORATE and Marginal Tax rates on the wealthy.
Freeloader Red states are such bums.
“Any state that requires more than 45% of their annual budget to be Federally supplemented, for a period of 3 of 5 years (non-consecutive) summarily concedes their budgetary autonomy.”
Boom, Federal govt steps in, taxes all the freeloader states at appropriate levels, and levies Corporate taxes uniformly across the tier.
Who am I kidding tho, right? Neither Party would ever, EVER push back on their Corporate overlords. But my pipedream is nice, no?