Louisiana residents on both sides of the aisle think they are paying too much in sales taxes

BATON ROUGE, La. (LSU Manship Faculty Information Wire) – In 2018, it was only one-sixth of a penny that divided legislators over how a lot of an expiring penny of gross sales tax to increase earlier than they compromised on 0.45%.

Now, Louisiana residents on each side of the aisle assume they’re paying an excessive amount of in gross sales taxes, as indicated by new knowledge from the LSU Public Coverage Analysis Lab.

(Supply: LSU Manship Faculty Information Wire)

According to a survey that the lab launched Tuesday, 61% of Republicans and 53% of Democrats assume that the state gross sales tax is simply too excessive – a bipartisan majority of Louisiana residents.

Since July 2018, the state gross sales tax fee has been 4.45%, a lower from 5% the state had levied for the 2 years earlier than that. That 0.45% portion was prolonged till 2025, and parishes add their very own gross sales taxes to purchases.

Combining state and native gross sales tax charges, Louisiana has the second-highest common gross sales tax fee within the nation at a median of 9.55%, in keeping with data from the Tax Foundation.

Regardless of widespread grievances with gross sales taxes, 52% of Louisiana residents say they pay about the correct amount in general state taxes. Half of the survey respondents assume that upper-income individuals pay lower than their justifiable share of state taxes, and a majority – 56% – say the identical about giant companies.

Assist for elevating state taxes to fund larger training fell considerably since 2018, by 13 share factors, but it surely remained a precedence for residents together with elementary and second training; well being care; roads, bridges and highways; prisons and incarceration; and welfare, meals stamps, and different public help applications.

A majority of respondents don’t wish to cut back spending in any of those areas, however solely elementary and secondary training gained a majority in favor of elevating taxes to assist them.

Infrastructure is a excessive precedence for Louisiana residents. Over two-thirds of respondents favored sustaining present transportation infrastructure over increasing its capability.

At 57%, many favored elevating state taxes on gasoline to fund transportation infrastructure. This determine represents 60% of Democrats, 46% of Republicans and 62% of independents.

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Copyright 2021 LSU Manship Faculty Information Wire. All rights reserved.

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