Saturday, March 30, 2013

Louisiana's Governor Bobby Jindal And The Stupid Factor

Jindal like conservatives who serve in congress continue to express their brain dead ideology when it comes to taxes.  As the leader of the stupid party in Louisiana, Jinda's latest tax plan of eliminating personal and corporate income tax in favor of raising the sales tax is full of stupid holes and statements that Jindal has made himself.

In an editorial dated 3/22/13 in the Times Picayune Jindal says the obstacle to creating jobs in Louisiana is a tax code that is complex, unstable and unfair with more than 460 loopholes.  Jindal was silent why he has done nothing to close those loopholes in his first term in office.  He also said we need a system where powerful special interest groups will no longer be able to rig the system.  However, Louisiana has a budget of approximately $8 billion of those special interest groups and their tax breaks, many that came about during Jindal's term in office.

Jindal says his sales tax plan is neutral but it is the same old failed trickle down economic ideology of the stupid unAmerican party.  His economic policy in Louisiana has been a failure and his budget cutting has been a disaster.  The greatest problem for Louisiana is a declining revenue base brought about by years of doling out corporate welfare and tax breaks for business.  That is exatly what has happened on the federal level under Reagan, Bush 41 and Bush 43 and what contributed to the second great republican depression.

The unemployment rate in Louisiana when Jindal took office was 3.8%.  In January of this year it was 5.9% up from December's 5.6%.  His commentary in the Times Picayune is a rerun of the stupid party's failures.  If Jindal had any courage he would work to cancel the 25% of the budget that is devoted to corporate welfare for business and put business on a equal basis to compete.  As Warren Buffett says, taxes are no obstacle for a successful business to operate and make a profit.  The little boy governor has to abandon his stupid leadership of the stupid party.

The bottom line to make the tax code fair and eliminate the rigging of the system is for Jindal and the legislature to repeal all loopholes and special tax breaks.  This debate would not be taking place if Jindal and elected officials just show the special interest groups the door when they come calling for their special tax loopholes and other tax goodies.

What is lacking among elected officials is character and courage in their dealing with the special interest lobby and those that fund elected official's campaigns.  That says it all.


This commentary written by John Lucia.