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Message
re: Good news for Lake Charles area - Commonwealth LNG moving forward in Cameron Parish
Posted on 8/15/23 at 1:38 pm to member12
Posted on 8/15/23 at 1:38 pm to member12
quote:
What Lake Charles saw has to be $35b worth of construction in a 10 year time span. I can't think of many parts of the country that has had that much private investment all at once in just a 10 or 20 square mile stretch. That's really impressive for a town the size of Houston or Atlanta....but for Lake Charles it's really astounding.
I wonder if they will benefit from the 5 year Industrial Tax Exemption then re-file for the 5 year extension thus avoiding property taxes for a decade?
1
Posted on 8/15/23 at 2:54 pm to jizzle6609
quote:
I wonder if they will benefit from the 5 year Industrial Tax Exemption then re-file for the 5 year extension thus avoiding property taxes for a decade?
Ok so don’t give the exemption and the plant goes to Texas and get no tax revenue or delay gratification for 10 years and get shite load of jobs, sales tax revenue and then in 10 years get another big swell of taxes.
This post was edited on 8/15/23 at 2:59 pm
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