re: $63.5 million Deep South Studios proposed for New Orleans Metro

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That is all assuming the state is entitled to that money.

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If the state buys the credits back from the business at $0.85 on the dollar, then it was actual cash paid by the state. I would imagine the state is entitled to cash it has on hand.

If the business sells the credits to other taxpayers who apply the credits to reduce the amount of cash they pay the state, then the state has to do without the cash that it was entitled to from the taxpayers who applied the credits.

Either way the state was entitled to the money for the credits.

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I assume you pay the maximum amount of your income to uncle Sam every April.

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No, but what does this have to do with the topic?