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Started By
Message
re: Good news for Lake Charles area - Commonwealth LNG moving forward in Cameron Parish
Posted on 8/16/23 at 11:24 am to jizzle6609
Posted on 8/16/23 at 11:24 am to jizzle6609
and maybe im misunderstanding you, you seem to understand a good bit of the benefits of the ITEP but you keep brining up all these downsides that simply do not exist.
quite frankly, its really simple...get a lot in 10 years or get nothing...it really is that simple.
quite frankly, its really simple...get a lot in 10 years or get nothing...it really is that simple.
0
Posted on 8/16/23 at 11:25 am to jizzle6609
quote:
I completely get this. I am stubborn. The property tax on these billion dollar projects dwarfs any other tax you are collecting. Louisiana also doesnt put a threshold on job creation or capital investment. Also, do the companies have to buy materials from within the parish? If not what stops them from buying in Texas at a bulk discount with suppliers they are already partnered up with?
Apparently you don’t after the rest of your statement.
Without ITEP, they don’t get the billion dollar projects which means they don’t get property tax from the projects. Delaying a property tax to entice a project that triples the size of the parish means collecting a lot more tax than they would without the project.
I’m literally planning one of these projects now. If you can find me a single local shop in Cameron parish that can supply the volume needed for the project, please, point me in the right direction.
You don’t like double the size of the existing parish coming in to work for multiple years, spending money, temp living, etc then down the road getting the property taxes from these billion dollar projects or want to keep the status quo and collect no new property tax, no short term workers spending any money and nothing moving forward?
Posted on 8/16/23 at 11:29 am to rowbear1922
quote:
Apparently you don’t after the rest of your statement.
Without ITEP, they don’t get the billion dollar projects which means they don’t get property tax from the projects. Delaying a property tax to entice a project that triples the size of the parish means collecting a lot more tax than they would without the project.
I’m literally planning one of these projects now. If you can find me a single local shop in Cameron parish that can supply the volume needed for the project, please, point me in the right direction.
You don’t like double the size of the existing parish coming in to work for multiple years, spending money, temp living, etc then down the road getting the property taxes from these billion dollar projects or want to keep the status quo and collect no new property tax, no short term workers spending any money and nothing moving forward?
i dunno if doesnt get it(i think he does this part) i think he is just trying to play devils advocate....but his arguments are not very good
now he has zero clue on how sourcing works
like i can just go grab 5000 hastalloy-c 1" anchor bolts off the shelve here in LC or i can get 3000' of nickel pipe down in lower cameron
Posted on 8/16/23 at 11:33 am to jizzle6609
quote:
"But the biggest losers, by far, have been the parishes in southwest Louisiana, a breeding ground in recent years for massive, multibillion-dollar megaplants that process liquid natural gas. Those plants have taken full advantage of Louisiana’s generous break: Since 2006, Cameron Parish has lost out on $4.3 billion
Do you know what they call Cameron Parish without these projects?
Uninhabited swamp land with a few government buildings
Posted on 8/16/23 at 11:34 am to lsu777
quote:
i dunno if doesnt get it(i think he does this part) i think he is just trying to play devils advocate....but his arguments are not very good now he has zero clue on how sourcing works
He may be playing devils advocate, but he’s not doing a good job at it.
I think he just wants to argue for arguments sake.
This post was edited on 8/16/23 at 11:35 am
Posted on 8/16/23 at 1:06 pm to rowbear1922
quote:
Apparently you don’t after the rest of your statement.
Without ITEP, they don’t get the billion dollar projects which means they don’t get property tax from the projects. Delaying a property tax to entice a project that triples the size of the parish means collecting a lot more tax than they would without the project.
I’m literally planning one of these projects now. If you can find me a single local shop in Cameron parish that can supply the volume needed for the project, please, point me in the right direction.
You don’t like double the size of the existing parish coming in to work for multiple years, spending money, temp living, etc then down the road getting the property taxes from these billion dollar projects or want to keep the status quo and collect no new property tax, no short term workers spending any money and nothing moving forward?
For the love of God, this is the easiest concept ever to understand. I get it, without ITEP you get nothing, I GET IT.
quote:
Without ITEP, they don’t get the billion dollar projects which means they don’t get property tax from the projects. Delaying a property tax to entice a project that triples the size of the parish means collecting a lot more tax than they would without the project.
Has any project that has been ITEP approved ever tripled the size of any parish in Louisiana?
quote:
I’m literally planning one of these projects now. If you can find me a single local shop in Cameron parish that can supply the volume needed for the project, please, point me in the right direction.
What are you looking for?
Dynamic Control panel boxes for monitoring and control? Air/Fuel Ratio Control systems, Environmental Compliance? Ignition products?
Posted on 8/16/23 at 1:08 pm to SlowFlowPro
quote:
Do you know what they call Cameron Parish without these projects?
Uninhabited swamp land with a few government buildings
LOL.
Posted on 8/16/23 at 1:09 pm to rowbear1922
quote:
He may be playing devils advocate, but he’s not doing a good job at it.
Just trying to learn is all.
Posted on 8/16/23 at 1:13 pm to jizzle6609
quote:
Has any project that has been ITEP approved ever tripled the size of any parish in Louisiana?
During the course of construction, yes. Cameron parish is 5k residence. Between the 2 projects at the mouth of CP will be over 10k temp workers.
quote:
What are you looking for? Dynamic Control panel boxes for monitoring and control? Air/Fuel Ratio Control systems, Environmental Compliance? Ignition products?
Prove that any company in Cameron parish can reliably source and procure enough product for multi-billion dollar jobs, and I’ll look into it.
Posted on 8/16/23 at 1:18 pm to rowbear1922
quote:
During the course of construction, yes. Cameron parish is 5k residence. Between the 2 projects at the mouth of CP will be over 10k temp workers.
Understood, short term.
quote:
Prove that any company in Cameron parish can reliably source and procure enough product for multi-billion dollar jobs, and I’ll look into i
Not worth it.
Posted on 8/16/23 at 1:22 pm to jizzle6609
quote:
Understood, short term.
It’s why you give the ITEPs, double the amount at minimum in sales tax for a few years then have the long term property tax after it expires. Meaning the local government gets a lot more in taxes than if the project goes elsewhere.
quote:
Not worth it.
so we are supposed to waste our time looking for a local company (that will not be able to supply such large projects at once)? Logistics must not be a strong point for you Posted on 8/16/23 at 1:29 pm to rowbear1922
quote:
so we are supposed to waste our time looking for a local company (that will not be able to supply such large projects at once)? Logistics must not be a strong point for you
WTF are you talking about?
I never told you to look local as there is nothing local that has capacity. I was simply pointing out that the purchases of major goods and materials will remit ZERO sales tax to your parish therefore the only sales tax you are collecting is on your temporary workers.
Posted on 8/16/23 at 1:30 pm to rowbear1922
quote:
Logistics must not be a strong point for you
Its not, I did not study to become procurement manager.
Posted on 8/16/23 at 1:31 pm to rowbear1922
quote:
Meaning the local government gets a lot more in taxes than if the project goes elsewhere.
You dont say
Posted on 8/16/23 at 1:32 pm to jizzle6609
quote:
I never told you to look local as there is nothing local that has capacity. I was simply pointing out that the purchases of major goods and materials will remit ZERO sales tax to your parish therefore the only sales tax you are collecting is on your temporary workers.
I wasn’t referring to material sales tax for the project I’m talking about the sales tax from the temp workers buying goods and products within the parish while they are there
Posted on 8/16/23 at 1:33 pm to jizzle6609
quote:
Its not, I did not study to become procurement manager.
Neither did I, but because I understand these projects and the area, I’m aware of who the procurement managers must contact to logistically make the project work
Posted on 8/16/23 at 1:35 pm to jizzle6609
quote:
You dont say
You’ve just been trolling the whole time.
Confirmed
Posted on 8/16/23 at 1:56 pm to rowbear1922
Yeah he had an agenda from the start, but then wanted to pretend he was just trying to learn how this all works
Posted on 8/16/23 at 1:57 pm to rowbear1922
quote:
I wasn’t referring to material sales tax for the project I’m talking about the sales tax from the temp workers buying goods and products within the parish while they are there
Immaterial.
Posted on 8/16/23 at 2:00 pm to notiger1997
quote:
Yeah he had an agenda from the start, but then wanted to pretend he was just trying to learn how this all works
I have zero agenda. I wanted to see peoples opinions of ITEP, I got them. I will never ask this question to anyone from the state again.
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