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Started By
Message
re: Good news for Lake Charles area - Commonwealth LNG moving forward in Cameron Parish
Posted on 8/16/23 at 8:42 am to dewster
Posted on 8/16/23 at 8:42 am to dewster
quote:
No exemption and they go to Texas instead.
That was a joke.
No one willingly goes to Louisiana for business unless they are getting the better end of the deal.
2
Posted on 8/16/23 at 8:46 am to jizzle6609
quote:
That was a joke.
No one willingly goes to Louisiana for business unless they are getting the better end of the deal.
well thats not 100% accurate.
if no exemptions for either state and everything was just based off location and workforce availability....prolly have these projects would still go LC area.
the LC area has lots of things that help for industry...but would prolly still lose half of the projects we have gotten lately
and ftr nobody really goes to any state unless its good for business
kind of how capitalism works...and why states need to be willing to compete.
Posted on 8/16/23 at 8:50 am to jizzle6609
quote:
No one willingly goes to Louisiana for business unless they are getting the better end of the deal.
No well run business spends that much on an expansion without making sure they are maximizing value of the company. Texas is a massive state with a competitive tax code and excellent infrastructure (including human capital). It’s not impossible for La to compete for these bigger projects, but it’s difficult so long as COL and costs of doing business remain competitive in La.
Houston has almost everything SoLa has….almost.
We don’t get a lot of these projects without these incentives.
This post was edited on 8/16/23 at 9:00 am
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