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Jindal No Taxes Increase Spin
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6/16/2015 12:56:12 PM
Posted: 1 year ago
This cracks me up.
1. LA discontinues a credit to business in the state which was used to offset inventory tax. Not a tax increase because it is a tax credit they are just taking away.
2. Have students get assessed a $1,500 higher learning tax, but don't make them pay it.
3. Give a credit to the university for $350 million basically funded from #1 so don't have to pull money from state universities.
So in short higher taxes on business (they no longer get a credit) that goes to the university system so don't have to cut their budget and for some reason make students fill out a tax obligation they get a credit for on there tax forms each year.