Monday, January 14, 2013

Bold new conservative ideas still mostly involve screwing the poor

The Republicans, we’re told, are going to have to start making some big changes if they want to start winning elections again. (Besides all the congressional elections they handily win.) Americans are tired of their stale rhetoric and old, white standard-bearers. The party needs fresh blood and bold ideas. It needs people like Louisiana Gov. Bobby Jindal, a GOP rising star and highly regarded “ideas” guy.
After the election, Jindal told Politico that the Republicans had to totally rebrand themselves to escape being known as “the party of big business, big banks, big Wall Street bailouts, big corporate loopholes, big anything.” And so Bobby Jindal’s big new idea for Louisiana is … eliminating all income taxes. And shifting the tax burden onto poor and working people.
NEW ORLEANS, Jan 10 (Reuters) – Republican Governor Bobby Jindal said on Thursday he wants to eliminate all Louisiana personal and corporate income taxes to simplify the state’s tax code and make it more friendly to business.
Bold! Fresh! New! But how will Louisiana get money to pay for stuff? Easy!
Political analyst John Maginnis, who on Thursday reported in his email newsletter LaPolitics Weekly that Jindal will propose balancing the tax loss by raising the sales tax, now at 4 percent, said the strategy fits with the governor’s interest in keeping a high national profile.
The thing about sales taxes is that they are inherently and extremely regressive, hitting poorer people much harder than richer people, because the poor spend a greater proportion of their income on goods subject to the sales tax than rich people do.

HERE.