Louisiana Economic Development

September 11, 2017

On tax breaks and job creation

It’s been a conservative mantra for years: If you cut taxes on corporations and ladle out incentives, they will create jobs and grow the economy.

Number of the Day

350 - Number of bills that have been filed proposing changes to the TOPS program since its inception. Of these, 75 have been enacted in law (Source: Associated Press)
August 22, 2017

Giving away the farm…and the school

The community group Together Louisiana released a report Monday that looks at how much a state industrial tax break program is costing East Baton Rouge Parish.

Number of the Day

$69.6 million - 2017 property tax revenue lost in East Baton Rouge parish via the Industrial Tax Exemption Program (Source: Together Louisiana)
June 2, 2017

“Austere” budget heads to Senate floor

The Senate Finance Committee put its stamp on the upcoming fiscal year’s state operating budget on Thursday, reversing a series of cuts to health services recommended by the House while keeping the TOPS scholarship program fully funded.

Number of the Day

138,000 - Jobs added to the U.S. economy in May. (Source: Bureau of Labor Statistics via The Washington Post)