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Message
re: Rispone calls out JBE and Together BR on their stance against ITEP
Posted on 2/4/19 at 1:33 pm to guttatiger
Posted on 2/4/19 at 1:33 pm to guttatiger
quote:
Remember, there is only one Mississippi river.
Houston Shipping channel says, "Hold My Beer!"
1
Posted on 2/4/19 at 1:37 pm to crazyLSUstudent
quote:
crazyLSUstudent
Holy shite. Do some fricking research before you pretend to be an expert on something on a message board.
Posted on 2/4/19 at 1:41 pm to rowbear1922
Being from Louisiana,currently living in Houston and working in the energy sector, I get it. Relying on job creation, state income taxes, and a marginally higher sales tax to make up for shortfalls in taxing property owners is bad business. I would like to see what the overall effect would be on industrial development would be if the tax break was lowered to even 50%.
Posted on 2/4/19 at 1:42 pm to guttatiger
Congratulations! Hope your quality of life has improved.
Posted on 2/4/19 at 1:43 pm to WeeWee
quote:
who pays for the coronary artery bypass surgery?
medicaid
Posted on 2/4/19 at 1:45 pm to OweO
quote:.
If you look at the different boards on this site there is one called Politics. Take this shite there
go frick yourself.
this is eons better than the shite threads you start.
Posted on 2/4/19 at 1:47 pm to LSURussian
quote:
Might that be because Texas does not have a corporate state income tax?? Hmmmmm
So why doesn't the state exempt more of the corporate tax rather than taking the local tax funds from the local communities that voted them in place to begin with? The bottom dollar could easily be the same for the developer.
Posted on 2/4/19 at 1:49 pm to TBoy
quote:
Why are taxpayers supporting private businesses? Taxes pay for utilities and infrastructure that these same companies and their employees consume and use.
This from a yoyo who couldn't successfully run a snowball stand
Posted on 2/4/19 at 1:50 pm to kingbob
quote:
Nearly everyone in South Louisiana is either employed by a plant, works in oil exploration, employed by the government, or employed in a job wholly on revenue from people employed by one of those groups.
While I agree with the rest of your post, this is a pretty large exaggeration. There are quite a few poor people living in this state that don't rely on any of that. There are also people who work jobs that also don't rely on O&G (albeit we may be in the minority).
Posted on 2/4/19 at 1:52 pm to guttatiger
quote:
Being from Louisiana,currently living in Houston and working in the energy sector, I get it. Relying on job creation, state income taxes, and a marginally higher sales tax to make up for shortfalls in taxing property owners is bad business. I would like to see what the overall effect would be on industrial development would be if the tax break was lowered to even 50%.
Being from Louisiana, currently living in Louisiana and working in industrial construction on a ITEP project, I get it. Relying on job creation, state income taxes, and a marginally higher sales tax to make up for shortfalls in taxing property owners is all we can do to keep up with Texas and other southern states to stay competitive. I would not like to see what the overall effect would be on industrial development would be if the tax break was lowered to even 50% with the number of projects we already lose to Texas. I do not want to see the one industry that keeps this state afloat continue to be pushed into business in neighboring states. No company will continue to invest in Louisiana when they can get a better deal in other states. These industrial companies are businesses, not charities, who can and will move when the environment is becoming worse from politicians.
This post was edited on 2/4/19 at 1:54 pm
Posted on 2/4/19 at 1:54 pm to Lake Vegas Tiger
quote:
so frick'em and their tax breaks
yeah, that'll show em.
Posted on 2/4/19 at 1:54 pm to Epic Cajun
quote:
There are also people who work jobs that also don't rely on O&G (albeit we may be in the minority).
My career has nothing to do with industry although I'm sure that it indirectly benefits from it.
Posted on 2/4/19 at 1:55 pm to sta4ever
ITEP is garbage corporate welfare.
Posted on 2/4/19 at 1:56 pm to Epic Cajun
quote:
While I agree with the rest of your post, this is a pretty large exaggeration. There are quite a few poor people living in this state that don't rely on any of that.
Without the plant baws and oil & gas, the restaurants go under, the retail sales go under, the warehouses go under, the car lots go under. Without the tax revenue those plants and their employees generate, the hospitals go under, the schools go bankrupt, and the state government becomes insolvent. It's not even close to an exaggeration for everything south of I-10. While some of the tourism industry in New Orleans would survive, that's not enough to sustain the city alone.
I guess the personal injury attorneys who only do slip and fall and car accidents will be ok, but without the plants, there will be a whole hell of a lot fewer 18-wheelers and commuters on the roads causing accidents, so even they would likely suffer. No plaintiffs, no need for insurance defense.
This post was edited on 2/4/19 at 2:00 pm
Posted on 2/4/19 at 1:56 pm to Pastalaya
quote:
ITEP is garbage corporate welfare.
So how might someone as astute as you suggest we change them without losing business to other states?
Posted on 2/4/19 at 1:57 pm to fallguy_1978
quote:
My career has nothing to do with industry although I'm sure that it indirectly benefits from it.
Mine has nothing to do with the industry and doesn't even indirectly benefit from it. My wife's job has nothing to do with the industry, and isn't wholly dependent upon O&G, but she does indirectly benefit from it to an extent.
Posted on 2/4/19 at 2:01 pm to rowbear1922
Understand your sentiment, there are too many arse backwards things going on in Louisiana to mess with the one constant revenue generator. Even being a defector, I do think that if you use TOPS, if you don't start your career in Louisiana, you should have to pay it back in..... I think that would be a good start to retaining some of Louisiana's most talented students.
Posted on 2/4/19 at 2:02 pm to kingbob
quote:
Without the plant baws and oil & gas
If they didn't exist and nothing replaced them, yeah maybe the rest of that is true.
quote:
the hospitals go under
There are definitely clinics that are not "wholly" reliant upon O&G workers.
quote:
the schools go bankrupt
Private schools are a much better route for a large part of the area south of I-10 anyway.
Posted on 2/4/19 at 2:02 pm to rowbear1922
We definitely need a tax overhaul no doubt about it. I feel that ITEP was designed as a shortcut to incentivize development in the absence of an overhaul. If you need evidence of how poor a system it is, check with the other 49 states and see how they are able to both attract business and create revenue for public services. LA is convinced you just need the first part of that equation and that is why quality of living is so poor.
Posted on 2/4/19 at 2:04 pm to guttatiger
quote:
I do think that if you use TOPS, if you don't start your career in Louisiana, you should have to pay it back in.....
But the problem isn't that people are choosing to go out of state because they don't want to be here. The problem is that they're FORCED to go out of state because there isn't a job here for them to work. The economy here is shite, so they have to go to Houston or Dallas to find a job. If there were jobs here, most would stay.
I, for one, would never even consider taking a job out of state if I were offered something even remotely comparable, even at a lower salary, that's here in Louisiana. I don't want to leave, but I will probably have to because our economy is in the toilet thanks to politicians like JBE screwing with the few things we actually almost do well.
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