In the last session, the legislature made long-term commitments on short-term "one time" money. If it becomes necessary, to either cut government spending or increases taxes... which would you do and why?
a. If the answer to the above is "cut spending"-- in which departments and programs?
b. If the answer to the above is "increase taxes," which ones?
i. Property taxes
ii. Sales taxes
iii. Individual income taxes
iv. Corporate income taxes
v. Other corporate taxes
Louisiana has a small tax base already burdened to the max. Until we can expand our tax base, I would make sure we have good department heads in place and ask for a 7% reduction of waste across the board.
Because of the amount of construction in South Louisiana due to recovery from Hurricanes Katrina and Rita, I do not anticipate a shortfall in state revenues in the next few years. Furthermore, when we pass my plan for an oil processing fee, we will put $3.1 billion back into the pockets of the people of Louisiana, creating an economic boom that will lead to more jobs and additional state revenue. The fee will still produce additional funding that will allow us to make significant progress on expensive state needs, such as highways, port improvements, coastal restoration and healthcare.
I plan to cut spending by one-third and increase taxes.
A. Reduce the number of state owned cars and trucks, create our own road overlay crews, decrease medical spending by streamlining services (and) address previous overspending issues.
B. Eliminate personal income tax, increase state sales tax to compensate plus 10% for inflation. All water belongs to the state. Tax the transportation of it via pipeline, barge or truck. When you want more water, you pay.
C. Cost of gas went up 2 1/2 fold but our tax on it stayed about the same. Increase tax on gas or fuels to adjust dollar for dollar, not by the gallon.
Anthony "Tony G" Gentile
Fiscal responsibility. We're going to hold the line. We're going to meet the required needs of the state first. Every attempt will be made to keep everybody whole. We're going to trim the fat to the bone. I am looking hard at a state income tax change. Basically a flat tax. No filing, you pay the tax on payday. People who file quarterly will pay as usual. I am committed to a slight change in the Homestead Exemption. Right now many people in Louisiana are exempt from paying property tax. I believe it's a great law however we all receive the same services. I feel that imposing a $250 yr minimum on taxpayers is reasonable. That's twenty dollars a month. The investment will pay off for citizens.
I do not support tax increases to fund inflated government spending. In the event the budget cannot support the current level of state spending, I will use my business background to thoroughly study the budget and cut the fat wherever possible. I will eliminate duplicate and inefficient programs, and rework the budget to better serve the needs of the people of Louisiana.
M.V. "Vinny" Mendoza
Cutting government spending will be my first step-there is a lot fraud, waste and abuse. I will order a mandatory review of all state and local government contracts of more than $200,000. Any contracts with out of state companies will be withdrawn and given to local businesses through an online bidding process. Even if the contracts have been made through FEMA and for which the state of Louisiana has some kind of liability, we are going to cancel those contracts, particularly if they deal with shady out of state companies. We are not going to give any major contracts to companies that do not have headquarters here in Louisiana I will evaluate all programs. We will use all our resources for: Education, infrastructure and healthcare of all of our citizens.
My second step will be to abolish individual income taxes for all Louisianans. I will generate enough revenue from making all ships that use the Mississippi river to pay a 3% toll for the merchandise or oil that they carry through Louisiana. We are going to search each and every vessel that comes into Louisiana from the Gulf or from the North. No more free rides.
The only area that I would consider raising taxes will be for Sales taxes of luxury electronics, luxury vehicles, alcohol and tobacco products.
I will repeal any tax increases for more than 10% of taxes assessed before Katrina and Rita.
I would consider cutting all corporate income taxes and other corporate taxes and have them pay a 5% flat tax of everything that they made to be payable monthly. This will pay for free healthcare for all Louisianans.
Arthur D. "Jim" Nichols
When elected I'll be an employee of The People of Louisiana. I really believe my employers would rather I eliminate waste in government spending than raise taxes. We already spend more than we can afford on 3 governments, Local, State, and Federal. Together they can't do the job that we formed government to do, which is to protect our rights, our privileges, our freedoms, our persons, and our property from all enemies foreign and Domestic.