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Louisiana economic development goes over 150 billion dollars
Posted on 7/14/26 at 11:22 am
Posted on 7/14/26 at 11:22 am
New projects since 2024 
Posted on 7/14/26 at 11:24 am to PSS101
Probably 80 billion worth of development after the palms are greased
Posted on 7/14/26 at 11:24 am to PSS101
The government must keep that money cause I havn’t seen a nickel.
Posted on 7/14/26 at 11:33 am to GreatLakesTiger24
THIS is why we can't have nice things in this state! Positive economic news and the 1st 3 replies are negative. Some people will never be happy. Negati ity breeds negativity. Debbie downers 
Posted on 7/14/26 at 11:36 am to PSS101
So a couple of data centers?
Posted on 7/14/26 at 11:40 am to ThroughThickAndThin
Why is economic development good? Because it employs more people and results in more tax revenue. However, if these projects are all exempted from taxes and aren’t employing more additional workers than they’re costing in tax revenue, is there actually a net benefit? It’s the same cost-benefit analysis that went into the film subsidies debate10 years ago.
Posted on 7/14/26 at 11:44 am to GreatLakesTiger24
quote:
Dozens of high paying jobs!
They covered this in Silicon Valley.
Posted on 7/14/26 at 11:45 am to kingbob
quote:
Why is economic development good? Because it employs more people and results in more tax revenue. However, if these projects are all exempted from taxes and aren’t employing more additional workers than they’re costing in tax revenue, is there actually a net benefit? It’s the same cost-benefit analysis that went into the film subsidies debate10 years ago.
We are on the back end of the shite and we need the jobs to provide folks or they will leave. Cheaper than welfare I guess.
Posted on 7/14/26 at 11:46 am to OysterPoBoy
quote:
The government must keep that money cause I havn’t seen a nickel.
Richland Parish teachers a reaping some nice benefits
Posted on 7/14/26 at 11:47 am to ThroughThickAndThin
quote:
ThroughThickAndThin
I'm with you, but we've been burned for so long, it's hard not to be negative. Yes industry is great, but Louisiana needs to capitalize off it and not give in to shitty demands as in tax breaks. You coming here for a reason, give us something besides "jobs". Some things look great from the road "Oh it's so developed out here", but the state doesn't see a dime except for politicians that got greased.
Posted on 7/14/26 at 12:00 pm to BlackPot
Do the people working here not pay taxes when they buy beer, soda, food gas? Maybe they're exempt from state payroll deductions if they're from out of state, unsure. There's no doubt a trickle down effect
Perhaps, this is just the beginning, give it time. Some of you can't see the forest for the trees
Perhaps, this is just the beginning, give it time. Some of you can't see the forest for the trees
Posted on 7/14/26 at 12:03 pm to BlackPot
quote:
I'm with you, but we've been burned for so long, it's hard not to be negative.
Agree.
quote:
the state doesn't see a dime except for politicians that got greased.
Yep.
And, I question, especially since no link was provided, if that $180 Million figure is actual projects that have been built, or if that is just totaling up announced projects, some of which have already been called off or scaled back by the companies. Because that’s definitely a reoccurring theme.
Posted on 7/14/26 at 12:04 pm to kingbob
quote:most make some form of payments to govt entities instead of taxes. I know in Rapides parish the new data center is paying in over a quarter billion
if these projects are all exempted from taxes
Posted on 7/14/26 at 12:05 pm to PSS101
$75.6 billion from Data Centers/ AI Infrastructure
$48.5 billion from LNG Export Terminals
$5.8 billion Hyundai
$3.4 billion Shintech
Green/Blue energy/chemicals (tied to carbon squestration) of the following:
$4 billion CF Blue (blue ammonia)
$3.2 billion Lake Charles Methanol (low carbon Methanol)
$1.4 billion Southern Energy Renewables (green methanol and sustainable jet fuel)
$1.35 billion Woodland Biofuels (green hydrogen and renewable natural gas)
$48.5 billion from LNG Export Terminals
$5.8 billion Hyundai
$3.4 billion Shintech
Green/Blue energy/chemicals (tied to carbon squestration) of the following:
$4 billion CF Blue (blue ammonia)
$3.2 billion Lake Charles Methanol (low carbon Methanol)
$1.4 billion Southern Energy Renewables (green methanol and sustainable jet fuel)
$1.35 billion Woodland Biofuels (green hydrogen and renewable natural gas)
Posted on 7/14/26 at 12:07 pm to BlackPot
quote:every prospering area gives tax breaks to industry. The highest hurdle for Louisiana is workforce. And that won’t be improved for decades if ever.
Yes industry is great, but Louisiana needs to capitalize off it and not give in to shitty demands as in tax breaks
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