Monday, April 29, 2019

AMERICAN ECONOMY - Louisiana's Tax Exemptions

"In Louisiana, are billions of dollars in corporate tax exemptions paying off?" PBS NewsHour 4/25/2019

Excerpt

SUMMARY:  Louisiana’s abundant natural resources represent enormous wealth, yet the state consistently ranks at or near the bottom nationally for many quality-of-life indicators.  Like other states, Louisiana grants tax exemptions to businesses it wants to attract, but some are questioning whether its unusually high rate of corporate subsidy is really paying off.  Economics correspondent Paul Solman reports.

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