-->

Wednesday, April 03, 2013

Whose side is Jindal on, anwyay?

Look at all this money he's giving away to Matty Ice and Kobe.
Rep. James Armes, D-Leesville, who represents Vernon and Beauregard parishes, including Fort Polk worried the Jindal tax increase will complicate the ongoing efforts to convince the Pentagon not to reduce troop levels at Fort Polk and noted how the state will lose funds from one key group that stands is a full net positive to the State Treasury, professional athletes who pay income taxes for every game they play in Louisiana.

“When the Falcons played in the Superdome last November, their team payroll for just one game was about $5.4 million. At the six percent {income} tax rate, Louisiana collected $322,000 from the Falcons. Quarterback Matt Ryan alone collected a $718,000 check for that game. His income tax was $43,000,” Armes said.

Armes cited other wealthy professional athletes who pay Louisiana income tax. Kobe Bryant of the Los Angeles Lakers pays $20,000 on a $339,000 game check. LeBron James of the Miami Heat pays $12,800 on a $213,000 game check. “Now, Bobby Jindal wants to give them back that money,” Armes said. “This is reverse Robin Hood. We should call it Jindal Hood.”
But it gets worse. Jindal's plan also eliminates the "Hollywood South" income tax credit which only figures to further remove professional athletes from the local economy

No comments: