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re: ExxonMobil withdraws ITEP requests, future Baton Rouge expansion in question

Posted on 1/23/19 at 8:42 am to
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 1/23/19 at 8:42 am to
quote:


You must have done alot of work this AM coming up with this number. Took me several weeks to compile the data from the tax assessors office and thru public records requests.



What do you do for a living?
Posted by WildManGoose
Member since Nov 2005
4599 posts
Posted on 1/23/19 at 8:52 am to
quote:

Took me several weeks to compile the data from the tax assessors office and thru public records requests.



Was that for a TBR presentation? Why would a nomral MAGA Joe submit public records requests?
Posted by Mudminnow
Houston, TX
Member since Aug 2004
34200 posts
Posted on 1/23/19 at 8:59 am to
Really hope Baton Rouge changes it's tune and Exxon remains a vibrant employer. Would like to see Louisiana do well.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 1/23/19 at 9:16 am to
quote:


Really hope Baton Rouge changes it's tune and Exxon remains a vibrant employer. Would like to see Louisiana do well


Wut?

You are in every one of these threads relishing in BR and LA going to hell while cheering for the people to ditch for Texas.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
40170 posts
Posted on 1/23/19 at 9:28 am to
quote:

1909 and there are formulas set for assessing value that consider these little things like the age of equipment and depreciation schedules set by the IRS and state and local taxing authorities.


quote:

And NEVER on the tax rolls is JUST flat out wrong.


I don't think it's unfair to say that 60% of the value (or whatever the actual percentage is) was NEVER on the tax rolls. It's never gotten taxed or getting taxed. What is being taxed after 10 years is the residual value of those improvements.

If you have 100 million of investment, and 40 million value after 10 years, then yes, that 60 million has never been and will never be subject to property tax under the old rules. Not deferred. Never there.
Posted by Icansee4miles
Trolling the Tickfaw
Member since Jan 2007
31714 posts
Posted on 1/23/19 at 9:51 am to
You said never on the tax rolls, not me. Is it possible I have access to information you don’t? Jones asked what you do for a living and why such a self professed MAGA would be worried about producers? In fact, trying to make sure that far and away EBR’s largest taxpayer pays more, to the point of making a public records request? That is exactly the opposite of a conservative.

I guess you think we should do away with the homestead expemption too then? Although I seriously doubt you are a homeowner in EBR, if you are, surely you don’t think you shouldn’t have NEVER paid taxes on the first $75,000 of your home’s value? Obviously the schools aren’t getting their full share from you, with $75,000 having never been on the tax rolls. Or roles. You don’t like the current system and want meaningful tax reform, then take all your self professed extensive contacts and connections and push for tax reform. You are cherry picking at one piece and ignoring all others and therefore, the total picture. Why not just admit you’re another hired hack supporting or working for TBR, and it will make the dialogue easier and I’ll quit wasting my time.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
40170 posts
Posted on 1/23/19 at 9:57 am to
quote:

You said never on the tax rolls, not me


You said, and I quote

quote:

And NEVER on the tax rolls is JUST flat out wrong.


quote:

Jones asked what you do for a living and why such a self professed MAGA would be worried about producers?


Maybe you meant to respond to someone else.

quote:

I guess you think we should do away with the homestead expemption too then?


Absolutely. We have the highest homestead exemption in the country. Get rid of it, or lower it to 25K. That will allow local school boards, for example, to raise more local money. Then, cut the state's MEP formula dramatically. Then, cut state income and sales taxes.

You know, kinda like what Texas does.

quote:

Although I seriously doubt you are a homeowner in EBR,


I own a home in another parish.

quote:

You don’t like the current system and want meaningful tax reform, then take all your self professed extensive contacts and connections and push for tax reform.


Again, I don't think you mean to send that to me, as I don't have self professed contracts. I have a few, as it is, and many of us do try to push for reform. It's hard. the current system gives a few people a lot of power that they don't want to give up.

Any small government conservative should want a wide tax base with low rates and few exemptions. Government should not be playing favorites or needing to give bribes for companies to come here. Run the goddamn government correctly, have a reasonable tax and regulatory system and it won't be needed.

This post was edited on 1/23/19 at 9:59 am
Posted by Butch Baum
Member since Oct 2007
3498 posts
Posted on 1/23/19 at 9:58 am to
quote:

quote: What expansions? They just sold an asset a few years ago. They're actively retreating.

Look across all of LA and tell me where you're seeing O&G new money coming in outside of Lake Charles. Hell, even these most recent ITEP applications for Exxon were simply maintenance ordeals. No new jobs IIRC.


You might want to look up the expansions DOW completed in the last 5 years. Not insignificant. Not in EBR though.
Posted by geauxcats10
AP
Member since Jul 2010
4238 posts
Posted on 1/23/19 at 10:14 am to
Posted by Icansee4miles
Trolling the Tickfaw
Member since Jan 2007
31714 posts
Posted on 1/23/19 at 10:24 am to
Yeah, but that’s just some nationally recognized endowed professor at LSU. He obviously doesn’t know as much as Mr. Heck. Who isn’t a homeowner in EBR, pays no taxes in EBR, but wants to cast stones at those that do pay taxes to EBR. Mr. Heck, what parish do you reside in? How is your parish leadership dealing with ITEP? Maybe you should focus your attention in your own backyard and stay out of mine.
This post was edited on 1/23/19 at 10:25 am
Posted by topdollarbill
Shenandoah, LA
Member since Mar 2013
211 posts
Posted on 1/23/19 at 10:25 am to
Yeah, Exxon is a paying client of Loren Scott.

Not knocking his credentials. He's pretty solid, I just don't blindly take the word of someone who's paid to espouse the company line.

Posted by Icansee4miles
Trolling the Tickfaw
Member since Jan 2007
31714 posts
Posted on 1/23/19 at 10:34 am to
Why not? There’s been plenty of shots taken at the company by people being paid by the other side. And I’d say someone with Dr. Scott’s credentials and his willingness to defend this study and respond to questions arising out of it give it pretty solid credibility.
Posted by topdollarbill
Shenandoah, LA
Member since Mar 2013
211 posts
Posted on 1/23/19 at 10:36 am to
quote:

I guess you think we should do away with the homestead expemption too then?


100% would love to get rid of Homestead Exemption.
Posted by notiger1997
Metairie
Member since May 2009
61251 posts
Posted on 1/23/19 at 10:36 am to
quote:

You might want to look up the expansions DOW completed in the last 5 years


There have been lots of expansions and there are new construction projects on the books up and down the river here. So you are correct.
Posted by theenemy
Member since Oct 2006
13078 posts
Posted on 1/23/19 at 10:40 am to
quote:

100% would love to get rid of Homestead Exemption


Hell no!

Cause in Louisiana you know they would forget to drop the income tax.
Posted by topdollarbill
Shenandoah, LA
Member since Mar 2013
211 posts
Posted on 1/23/19 at 10:42 am to
quote:

And I’d say someone with Dr. Scott’s credentials and his willingness to defend this study and respond to questions arising out of it give it pretty solid credibility.


FWIW, Broderick Baggert (of TBR fame) has a Masters degree from London School of Economics. Does that make him an expert too?

Or just another paid shill, like Loren Scott?

Is Scott right and Baggert wrong? Or is it vice versa? Or is the right thing to read both sides and formulate an informed opinion on an issue?
Posted by Icansee4miles
Trolling the Tickfaw
Member since Jan 2007
31714 posts
Posted on 1/23/19 at 10:46 am to
Has Baggert refuted any of Dr. Scott’s assertions? In writing? Maybe you can publish them here so people can compare and draw their own conclusions.

I forgot to ask, are you a homeowner in EBR?
This post was edited on 1/23/19 at 10:47 am
Posted by topdollarbill
Shenandoah, LA
Member since Mar 2013
211 posts
Posted on 1/23/19 at 10:51 am to
quote:

I forgot to ask, are you a homeowner in EBR?


I reside in EBR Parish, in an area that hopefully becomes the City of St George.
This post was edited on 1/23/19 at 11:01 am
Posted by Icansee4miles
Trolling the Tickfaw
Member since Jan 2007
31714 posts
Posted on 1/23/19 at 11:12 am to
We can certainly agree on that
Posted by topdollarbill
Shenandoah, LA
Member since Mar 2013
211 posts
Posted on 1/23/19 at 11:16 am to
quote:

What do you do for a living?


Industrial sales. Primarily along the Hwy 30 corridor and towards St James / St John areas.

Sometimes I'm in Honeywell and Formosa areas, rarely am I in Exxon Refinery. We do some business with Exxon Chemical from time to time.

What do you fellas do for a living?
This post was edited on 1/23/19 at 11:32 am
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