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To: caryatid
They take in a BILLION dollars in sales taxes every 30 days? Well, what the hell do they need a federal bailout for??
4 posted on 10/28/2005 1:11:07 PM PDT by Prime Choice (I can open hearts and minds effortlessly. I have a hacksaw.)
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To: Prime Choice

No it's not just sales tax revenues that they lost but state income tax revenues too. Over 200,000 jobs were lost in New Orleans alone, you know like doctors, lawyers, refinery workers, professional football players, etc. We got hit by two major hurricanes and it affected both the income tax and sales tax revenues. If people don't work they don't make money, if they don't make money then the state and fed don't get their revenues.



26 posted on 10/28/2005 1:45:28 PM PDT by CajunConservative
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