re: Japanese chemical company announces $500M Louisiana facility

quote:

---

My question is always whats the actual cost per job based on the incentives.

---

That's one way to look at it, or you could realize that a company investing $500 MM will likely inject $50MM in direct sales and income taxes into your economy just to get it built. After it's built they will likely spend another $100MM a year in operating and maintaining the plant over the next 50 years.

The sales tax on the equipment alone will generate way more tax revenue for parish and state than property in its current state.