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Message
Vote against Amendment 3--it is a huge tax increase
Posted on 11/8/16 at 9:07 am
Posted on 11/8/16 at 9:07 am
It will do away with the deductibility of federal taxes for tax purposes for corporations big and small.
Since when are taxes not expenses? How do they differ from a light bill a company might have?
The feds let companies deduct as expenses the state taxes they pay. Why should Louisiana refuse to allow a company to deduct their federal taxes?
It is a huge tax increase put through by the business hater JBE and his friends.
VOTE NO.
Since when are taxes not expenses? How do they differ from a light bill a company might have?
The feds let companies deduct as expenses the state taxes they pay. Why should Louisiana refuse to allow a company to deduct their federal taxes?
It is a huge tax increase put through by the business hater JBE and his friends.
VOTE NO.
5
Posted on 11/8/16 at 9:08 am to I B Freeman
quote:
VOTE NO.
Done, in early voting.
Posted on 11/8/16 at 9:09 am to I B Freeman
I always vote No....to everything
Posted on 11/8/16 at 9:10 am to I B Freeman
Done and I convinced everyone I know to vote no on Amendment 3.
Posted on 11/8/16 at 9:10 am to I B Freeman
Voted NO because a YES means "frick small businesses"
Posted on 11/8/16 at 9:11 am to I B Freeman
Whether or not it is a tax increase depends on how you do the math. Right now all net income over $200,000 is taxed at 8%. The amendment reduces that to 6.5%. That could be a significant change for a good many corporations.
Posted on 11/8/16 at 9:17 am to Macavity92
quote:
Whether or not it is a tax increase depends on how you do the math. Right now all net income over $200,000 is taxed at 8%. The amendment reduces that to 6.5%. That could be a significant change for a good many corporations.
Yeah for Exxon, not Joe's machine shop.
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