Ernest Hemingway said:
By C.B. Forgotston - Oct 12, 2006
There has been a lot of motion, but little action when it comes to addressing the tax that people in Louisiana have been saddled with on their Homeowners' Insurance policies to pay for the debt of the Citizens Fund Insurance.
We know that the state is anticipating a surplus from the 2005-06 Fiscal Year and a revenue windfall in the 2006-07 Fiscal Year. The question is how to use that money to eliminate the excessive tax on homeowners. Iíve heard all kinds of reasons from legislators and others why the surplus money can't be used to pay off the bonded debt. So Iíve come up with a plan of action.
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