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JBE--"Got To Raise Taxes"---but he has a bunch of money to give Toyota

Posted on 1/12/18 at 1:48 pm
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 1/12/18 at 1:48 pm
JBE is so full of crap.

Got to raise taxes or no LSU football.

Got to raise taxes---its a life or death thing.

on and on

Well he bent over backwards with our tax money trying to subsidize Toyota and Mazda to build a plant here.


quote:

Nevertheless, he said LED will "re-examine the strategic investments in training and infrastructure that Louisiana needs to be a player in this industry. Through this process, and by working in partnership with our state, regional and local leaders, LED will redouble our efforts to attract automotive investment and jobs to our state."

"Though that final site selection has occurred in Alabama, we believe we’ve built a strong case for future automotive manufacturing projects to locate in Louisiana," Pierson said.

Louisiana's incentive package included:

• A $110 million land acquisition and site preparation fund.

• $173.1 million over 10 years through the state's Competitive Projects Payroll Incentive Program, an enhanced version of its payroll rebate Quality Jobs Program for highly competitive projects.

• A $35 million facility training grant.

• A $46.8 million value attached to workforce training services through the state's LED FastStart program.

• An estimated value of $90.6 million for a PILOT, or Payment In Lieu Of Taxes agreement, or Industrial Tax Exemption Program abatement.

• A $25 million flexible performance-based grant for building machinery, equipment and land acquisition.

• A $20 million performance-based grant to assist in establishing a mixed-use development with amenities serving the project site and region.




So tired of crap like this.

Make the taxes on businesses fair---fair on property and fair on income tax and fair on sales tax--and quit picking winners and losers in the state giveaway lottery.

Have I mentioned the hosing taxpayers are getting on the film industry welfare?
This post was edited on 1/12/18 at 1:50 pm
Posted by member12
Bob's Country Bunker
Member since May 2008
32096 posts
Posted on 1/12/18 at 1:49 pm to
Where were they trying to put it?

Wish we got it instead of Bama.
Posted by i am dan
NC
Member since Aug 2011
24737 posts
Posted on 1/12/18 at 1:51 pm to
Yeah, we were one of the final sites considered too (North Carolina).
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 1/12/18 at 1:51 pm to
They are not worth what politicians think they are. Sure it would nice to have one but it would be much nicer to have a lower overall tax on businesses that are here now---such money in the hands of the local businesses would generate more economic activity than a car plant.
Posted by seawolf06
NH
Member since Oct 2007
8159 posts
Posted on 1/12/18 at 2:29 pm to
quote:

They are not worth what politicians think they are.


They're worth it to the politician as they aren't the one paying for it. All other businesses and individuals in the state do.

Alabama is almost as corrupt as LA, so I'm not surprised they got it.
Posted by tigers win2
Baton Rouge
Member since Oct 2009
3837 posts
Posted on 1/12/18 at 2:35 pm to
quote:

Alabama is almost as corrupt as LA, so I'm not surprised they got it.


The concerning part is that our offer was more substantial than the Alabama offer and they still went with Alabama. That's a troubling sign.

Could be business environment, adequate work force, infrastructure, schools or most likely a combination of all of those issues.

Looks like It will take some very compelling offers to attract the big fish.
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
27517 posts
Posted on 1/12/18 at 2:36 pm to
quote:

-such money in the hands of the local businesses would generate more economic activity than a car plant.


I'm not sold on that. It's been my experience that when you leave economic development up to locals in Louisiana, you tend to see a lot of incompetence and small time thinking.
Posted by Gaspergou202
Metairie, LA
Member since Jun 2016
13496 posts
Posted on 1/12/18 at 2:42 pm to
Raising taxes is half the economic plan of Gov. “Tax and Spend” JBE.

You know Tax AND Spend!

Wish we elected the guy who fricked a few hookers with his own money, than the “not-so-honorable honor code” knobby headed JBE, who wants to screw millions of Louisiana workers out of their own money!
Posted by Blizzard of Chizz
Member since Apr 2012
19048 posts
Posted on 1/12/18 at 2:49 pm to
quote:


The concerning part is that our offer was more substantial than the Alabama offer and they still went with Alabama. That's a troubling sign.


It’s more than just the incentives package that was the final determining factor for the state. Alabama has one of the most modern ports in the country and its set to undergo expansion. We can also ship anything anywhere in country within 2 days thanks to the rail system in this state. We have I believe 5 major interstate systems that connect to Birmingham. We also have more navigable water than most other states as well. Throw in the parts suppliers that have been strategically located around the state and you see why Alabama is so attractive to automobile manufacturers. We can supply them, build them and ship them anywhere in the world
This post was edited on 1/12/18 at 2:50 pm
Posted by BigJim
Baton Rouge
Member since Jan 2010
14496 posts
Posted on 1/12/18 at 3:05 pm to
quote:

Have I mentioned the hosing taxpayers are getting on the film industry welfare?


Posted by Govt Tide
Member since Nov 2009
9113 posts
Posted on 1/12/18 at 3:37 pm to
The existing supplier network and being tied for 4th in the country in the number of automobiles produced even before this plant was announced is what tipped it over the edge in Alabama's favor over North Carolina and Louisiana among other states. That (the existing supplier base) is the one area that even North Carolina couldn't compete with Alabama on.
Posted by TupeloTiger
Tupelo,Ms.[via Bastrop,La.]
Member since Jul 2004
4340 posts
Posted on 1/12/18 at 4:07 pm to
JBEdwards does not need to raise taxes. When I was a state Senator under Edwin Edwards, one Tuesday morning at 8:00am we were gathering for coffee before the committees started hearings at 9:00. Edwin Edwards walked in and told 7 of us that were gathered for the meeting that we were in a deficit and had to cut the Budget 300 million now. So we met and went through the Budget and cut it 300 mil. We cut things that were not necessary. A week later he came back and told us to cut another 200 million to balance the budget. A total of 500 Million was cut with no craziness on TV. We just did our job. JBE does not have the guts to do that.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 1/12/18 at 5:21 pm to
He doesn't want to do it. He wants to raise taxes.
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