re: If paying businesses to come here is a positive thing then why is Louisiana so poor?

Wouldn't we be better off if we just said screw it and abolished all tax credits and income taxes in general? All of them. Then put a property tax in place to make up the difference but with a 10 year phase-out so that local governments can put their own property taxes in place for schools, prisons, etc?

I realize LABI would melt if that happened, but..