Mises Daily Thursday: Give Us More Tax Revenue, Or Else

[Draggingtree]

Mises: Mises Daily Thursday: Give Us More Tax Revenue, Or Else

MARCH 24, 2016 Matthew Doarnberger

The budget crisis in Louisiana is so bad that it apparently threatens the upcoming college football season. This is according to the state’s new Democratic governor John Bel Edwards. The current yearly budget deficit has reached $940 million. The situation is so dire that higher education in the state faces the realistic possibility of running out of money and taking college sports with it.

 

Even though all Louisiana state funded colleges are faced with this harsh reality, the focal point of much of the public’s scorn is directed at the possibility of no LSU football this coming season. Much of the old south is Southeastern Conference (SEC) country and college football commands more attention there than even professional sports. Thus, the emotion that comes with the threat of not having LSU football looms much larger in the minds of many Louisianans than the threat of cancellation of other school’s athletics or even the possibility of academic shutdown on campuses. In the land of the SEC, college football will grab headlines over most other issues. This is especially true when its very existence is being threatened.