Louisiana's House Repeals Millions in Tax Exemptions for Manufacturers (1977)
WBRZ-TV Channel 2 Baton Rouge Collection
Details
Collection:LSA
Genre: News
Place Covered: Capital Region, Louisiana, 1970s
Copyright Holder: Louisiana Department of State
Date Issued: 1977-06-13 thru 1977-06-20
Duration: 00:01:52
Subjects: Manufacturing industries | Louisiana. Legislature. House of Representatives | Tax exemptions | WBRZ-TV (Television station : Baton Rouge, La.) | Gasoline -- Taxation | Job creation
Contributors:
- Steimel, Ed Interviewee
- Courtney, Bob Reporter
Description
A WBRZ-TV Channel 2 Eyewitness news story from Bob Courtney on Louisiana’s House of Representatives’ Ways, and Means committee repealing $30,000,000 in tax exemptions, including $16,000,000 in gas tax credits offered to manufacturers burning natural gas. This shifted a significant tax burden onto a small number of manufacturers who are now forced to convert from gas to other fuels. Includes an interview with Public Affairs Research Council Director Ed Steimel who questions the state’s integrity as it entices industry to come to the state to create jobs without delivering on promises like tax benefits. Airdate: June 1977