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Tax Foundation: Edwards’ commercial activity tax proposal is a ‘nightmare’

Tax Foundation: Edwards’ commercial activity tax proposal is a ‘nightmare’

Gov. John Bel Edwards’ complicated commercial activity tax proposal was already expected to face a difficult battle at the State Capitol this session. A new analysis from the non-partisan Tax Foundation probably won’t help it win many fans. In a new blog post, economist Nicole Kaeding attempts to untangle the “incredibly complex tax structure laid out under […]

Oklahoma City-based Chesapeake Energy receives environmental stewardship award

Oklahoma City-based Chesapeake Energy receives environmental stewardship award

The American Association of Petroleum Geologists has awarded Chesapeake Energy Corp. its 2017 Corporate Award for Excellence in Environmental Stewardship, high praise for scholarly environmental work that comes three years after the company received one of the largest fines for environmental damage. The honor is granted by the geology association’s Division of Environmental Geosciences, but […]

Exxon Mobil Chooses Texas over Taxes

Exxon Mobil Chooses Texas over Taxes

This morning Exxon Mobil announced a multibillion dollar investment in San Patricio County, Texas. The petrochemical plant will be the site of the world’s largest ethylene cracker plant, and will provide the building blocks for polyester, anti-freeze, plastic bottles, and food packaging to emerging global markets. The San Patricio County site was selected over two […]

LOGA Capitol Report: Taxes, Incentives & Common Sense

LOGA Capitol Report: Taxes, Incentives & Common Sense

CAT Taxes, bills and budget deficits – what does it all mean (and why should I care)?  In this edition of the LOGA Capitol Report, we inform you on the regular legislative session and how it affects you

By April 20, 2017 0 Comments Read More →
Create more tax exemptions or eliminate them all? House tax committee hears it all

Create more tax exemptions or eliminate them all? House tax committee hears it all

The erratic nature of tax policy in Louisiana was on full display before the House tax-writing committee Tuesday as several lawmakers presented bills to exempt more consumer purchases from sales tax — and another legislator offered a bill that would go in the opposite direction by eliminating all sales tax exemptions. The lawmakers seeking more […]

Debate over construction priorities to start soon

Debate over construction priorities to start soon

With a 6 p.m. bill filing deadline approaching, it appears the Legislature will be seeing double this session when it comes to the annual construction budget. While it’s arguably one of the most important bills lawmakers take up each year, the construction budget, known more formally as the capital outlay bill, had not yet been […]

Public weighs in on state budget

Public weighs in on state budget

With dollars in scarce supply, people packed the House budget committee in a gloomy competition for state financing from a panel where many Republicans say Louisiana needs to pare back its spending. Today was public testimony day in the Appropriations Committee, when the general public gets its turn to talk about where it would like […]

Create more tax exemptions or eliminate them all? House tax committee hears it all

Create more tax exemptions or eliminate them all? House tax committee hears it all

The erratic nature of tax policy in Louisiana was on full display before the House tax-writing committee Tuesday as several lawmakers presented bills to exempt more consumer purchases from sales tax – and another legislator offered a bill that would go in the opposite direction by eliminating all sales tax exemptions. The lawmakers seeking more […]

McHugh David: Louisiana’s Legislature is Pinned in a Corner – Will They Fight Out?

McHugh David: Louisiana’s Legislature is Pinned in a Corner – Will They Fight Out?

Oil companies can only hope that the move works, but unfortunately there are other factors at work here. In a presentation by the Louisiana Oil and Gas Association at the most recent Livingston Parish Economic Development meeting, director of marketing and member development Ben Broussard dropped a few pieces of information that seem to have […]

John Bel Edwards’ commercial activity tax proposal released

John Bel Edwards’ commercial activity tax proposal released

The centerpiece of Gov. John Bel Edwards‘ tax overhaul was filed Monday (April 17), two days before the final deadline to submit legislation and a week after the Louisiana Legislature’s session opened. State Rep. Sam Jones, D-Franklin, has submitted House Bill 628, which would create the Commercial Activity Tax: a relatively low, but broad, tax on most business […]