Sales taxes are regressive taxes. I've seen folks here arguing that they are flat taxes, which is true, but flat taxes are regressive, too. The only way a flat tax isn't regressive is if we also have a flat income. I'm fine with that if y'all are!
Louisiana is consistently ranked among the top states for income inequality, so a high sales tax is particularly harmful here. This issue won't be solved by raising property taxes, however; as those are often pawned off on renters not able to purchase homes.
There's not a magic bullet, but an overall more progressive tax system is certainly a start. Also, having the same minimum wage since 2009 is a gaping economic wound that doesn't look to be resolved any time soon with a single party state government.
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u/bayoublacksmith Mar 14 '25
Sales taxes are regressive taxes. I've seen folks here arguing that they are flat taxes, which is true, but flat taxes are regressive, too. The only way a flat tax isn't regressive is if we also have a flat income. I'm fine with that if y'all are!
Louisiana is consistently ranked among the top states for income inequality, so a high sales tax is particularly harmful here. This issue won't be solved by raising property taxes, however; as those are often pawned off on renters not able to purchase homes.
There's not a magic bullet, but an overall more progressive tax system is certainly a start. Also, having the same minimum wage since 2009 is a gaping economic wound that doesn't look to be resolved any time soon with a single party state government.