Even with the accumulation of unfunded pension liabilities – now $30 billion and counting — some state lawmakers have introduced bills that would expand government benefits.
Jeffrey Sadow projects that “right-sizing” this area would save the state an annual $60 million and not harm quality of employee health care. It would also shed up to 300 state employees.
New Orleans Annual Operating Budget indicates that the city government has increased its reliance on revenue from red light and speed cameras to cover holes in the operating budget. Revenue from red light cameras, for example, has increased from $3.4 million in 2008 to an projected $18 million in 2011, an increase of 419 percent.
The drastic mismanagement and squandering of resources highlights the need to greatly scale back the operations of the Crescent City Connection Division.
Jeffrey Sadow contends that Jindal has received unjustified and misleading criticism over his pledge against tax increases.
Edward Ashworth and Andrew Muhl argue in favor of increasing the state’s cigarette tax, and the authors claim that this tax hike would be overwhelmingly popular, but Gov. Jindal opposes it for reasons of political expediency.
The reality is government wants more revenue, and taxes on tobacco prey on the vulnerable and burden the poor. As these revenue streams become perpetuated and critical, elected leaders give moral approval to the exploitation of addiction.
Geymann and Morris say their bill is a reaction to Gov. Jindal’s use of $474 million in one-time revenues from the proposed sale of three state prisons…
As the most likely alternative to federal income taxes, the Fair Tax merits understanding, and Laura O’Halloran of FairTax.org met with The Pelican Post for an exclusive interview.
Taxpayers are covering 56 percent of the pension plan contributions for Louisiana State Troopers. Moreover, a portion of the fee residents pay for their driver’s license is also used to help fund the police retirement plan. At a time when rising liabilities threaten the stability of the entire state pension system, state troopers should not be excluded from policy changes, and NFIB official says.