- My Forums
- Tiger Rant
- LSU Score Board
- LSU Recruiting
- SEC Rant
- SEC Score Board
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
0
Posted on 1/22/19 at 7:50 pm to wickowick
Play stupid games, win stupid prizes
Posted on 1/22/19 at 8:18 pm to Modern
JBE Executive Order 2016-26. Too many cooks in the kitchen on ITEP decisions.
Posted on 1/22/19 at 8:26 pm to WildManGoose
quote:
I saw where some teachers were calling this a "win" and rejoicing over this money being funneled to the schools. Yet they forgot to mention who they submit grants to for funding for field trips, school supplies, and technology.
I saw that too and it’s amazing actual teachers think that way. Those links you provided should be posted on billboards.
Posted on 1/22/19 at 8:32 pm to Mudminnow
quote:
What makes the COGM so much cheaper than neighboring states?
Existing pipeline infrastructure. Proximity to low cost feedstocks. Skilled labor force. MS River. Gulf of Mexico. I-10. Rail infrastructure. Cheap land. Favorable environmental regulations. Politicians and lobbyists that are willing to give away billions to curry favor, remain in office, and line their pockets.
This post was edited on 1/22/19 at 8:35 pm
Posted on 1/22/19 at 8:42 pm to Mudminnow
quote:
The ones that moved to Zachary thinks the school system and community sells itself.
GP directly pumped a lot of money into that school system and has been for a long time
Posted on 1/22/19 at 8:48 pm to topdollarbill
quote:
Existing pipeline infrastructure. Proximity to low cost feedstocks. Skilled labor force. MS River. Gulf of Mexico. I-10. Rail infrastructure. Cheap land. Favorable environmental regulations. Politicians and lobbyists that are willing to give away billions to curry favor, remain in office, and line their pockets.
It's still tough to compete when Texas has all of this, in greater magnitude, and is willing to commit to nation-leading incentive packages. On the bright side, there's only so much real estate between LaPorte and Corpus Christi.
Posted on 1/22/19 at 8:50 pm to WildManGoose
There is a shite ton of real estate around corpus
Posted on 1/22/19 at 8:55 pm to jimjackandjose
That was tongue-in-cheek. They're not running out anytime soon lol.
Posted on 1/22/19 at 8:58 pm to Cuz413
quote:
Shell has roughly 5000 acres in AP with no neighbors.
I'm hearing that they are thinking hard about expansions here again. All of those billboards they have put up recently and radio ads they ran probably have something to do with building up their public image to get the approvals they want for the expansion.
Posted on 1/22/19 at 9:03 pm to wickowick
The abject stupidity behind this is beyond words.
Is there no one in BR that understands companies aren't bound to LA? It's a win-win for Exxon to be in BR.
Is there no one in BR that understands companies aren't bound to LA? It's a win-win for Exxon to be in BR.
Posted on 1/22/19 at 9:04 pm to WildManGoose
quote:
It's still tough to compete when Texas has all of this, in greater magnitude, and is willing to commit to nation-leading incentive packages. On the bright side, there's only so much real estate between LaPorte and Corpus Christi.
No state incentivizes manufacturing / petro / chem industry more than Louisiana. Not Texas, not Mississippi, not South Carolina.
Besides ITEP, we have Quality Jobs and Enterprise Zone incentives.
Nothing in the country compares to what you can extract from Louisiana if you know the game and play it well.
The argument in favor of ITEP is we have to give away so much on the backend because of our complicated tax system on the front end. I don't buy that 100%, but if that's the case, the Legislature and the Governor need to FIX IT.
If it's bad for Exxon, Total, Formosa and BASF, then it's bad for Mom and Pop too by that logic.
This post was edited on 1/22/19 at 9:05 pm
Posted on 1/22/19 at 9:11 pm to Supermoto Tiger
quote:
But recently changed for LOCAL municipalities to vote on instead of at a STATE level like it once was. Appalling!
Why is this appalling?
I get that the locals didn't vote the way that you wanted them to, but if it's a local tax that is voted on by locals and funds local schools then why not let locals manage their own affairs?
Posted on 1/22/19 at 9:18 pm to BeepNode
quote:
Why is this appalling?
While on its face, locals being able to vote on ITEP makes a lot of sense. It's a local tax abatement afterall.
The problem with that is most local councils, police jurys, school boards, and other local taxing authorities are comprised of bonafide morons.
Specifically in EBR. I doubt they've ever picked up an Economics book, and are highly unqualified to make sound, informed financial decisions of this magnitude.
I'm a big critic of ITEP as it's currently implemented, but I am firmly against local control because of this.
Business will never be able to have the stability they claim to need if locals have the control.
Have all the stakeholders of incentives (State, Locals, Industry) get in a room with their MBA's and Economists and come up with something that works for all, then apply it uniformly statewide.
This post was edited on 1/22/19 at 9:27 pm
Posted on 1/22/19 at 9:24 pm to topdollarbill
So, you're saying there needs to be a statewide solution, either from the governor or the legislature, right?
Posted on 1/22/19 at 9:27 pm to topdollarbill
quote:
The problem with that is most local councils, police jurys, school boards, and other local taxing authorities are comprised of bonafide morons
Unfortunately they are an accurate representation of the people that put them in office.
Posted on 1/22/19 at 9:28 pm to topdollarbill
quote:
While on its face, locals being able to vote on ITEP makes a lot of sense. It's a local tax abatement afterall.
The problem with that is most local councils, police jurys, school boards, and other local taxing authorities are comprised of bonafide morons.
Shouldn't that be a local issue though? If the state wants to pay Exxon, why doesn't it do that out of the state budget rather than taking it out of local budgets against their will? At least then the state would have more say in WHERE the expansions happen. Just give them those transferrable tax credits. They're basically as good as cash.
Right now you have the potential for municipalities competing against each other which could be unsavory as well.
This post was edited on 1/22/19 at 9:44 pm
Posted on 1/22/19 at 9:34 pm to topdollarbill
quote:
but I am firmly against local control because of this.
Plenty of states, Texas as the prime example, grant tax exemptions locally.
Posted on 1/22/19 at 9:37 pm to BeepNode
quote:
Right now you have the potential for municipalities competing against each other which could be unsavory as well.
Bringing it back up to the State level would also alleviate this problem, for the most part.
Locals still have other incentives they can offer, such as PILOT's. That's another topic for another day, but PILOT's can be very dangerous in the hands of morons.
Posted on 1/22/19 at 9:40 pm to WildManGoose
quote:
Plenty of states, Texas as the prime example, grant tax exemptions locally.
Chauna Banks Daniel would never be elected to Baytown, Corpus Christi, or Beaumont City Councils.
She's dumb as frick.
This post was edited on 1/22/19 at 9:42 pm
Page 8 of 15
Popular
Back to top
Follow TigerDroppings for LSU Football News