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BLKNSLVRtoday at 2:03 PM2 repliesview on HN

"A large amount of wealth is consistently and regularly extracted from Louisiana"


Replies

sarchertechtoday at 3:01 PM

If we are talking about resources available to the state we can look directly at tax revenue.

https://taxfoundation.org/data/all/state/state-local-tax-col...

Louisiana is 32nd for tax revue per capita.

selimthegrimtoday at 2:18 PM

Louisiana has no severance tax. There are certain arrangements with trust funds for offshore oil that were enacted in the 50s and 60s.