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re: The Louisiana Industrial Tax Exemption Program (ITEP) is all that is wrong with our state
Posted on 8/18/23 at 6:20 pm to whoa
Posted on 8/18/23 at 6:20 pm to whoa
quote:
Wasn’t there a YouTube video going around by some group that analyzed how much money just BR would be getting from Exxon if ITEP were eliminated? It was something like $70 million.
Not saying ITEP is wrong or right. But what do you think BR would do with that money? Do you think they would use that money in a manner which would improve infrastructure and the quality of life to make LA more attractive to businesses and for professionals to stay in-state or relocate here - which would improve our tax base? Or do you think it would be squander on political self-serving outreach programs for the at-risk population that would probably not add much to the advancement of their community, city or state?
If you can honestly say it’s the former, then I’m in favor of abolishing ITEP.
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