INSTITUTE INDEX: How drilling tax breaks worsened Louisiana’s budget crisis

http://www.southernstudies.org/2016/04/institute-index-how-drilling-tax-breaks-worsened-l.html

More than two decades ago, Louisiana created a tax exemption for horizontally drilled oil and gas wells that’s still in place — and it’s costing the cash-strapped state billions in revenues. Image: by Daniel Foster via Flickr.) " itemprop="image" src="http://www.southernstudies.org/sites/default/files/images/la_drilling_rig_night_foster_flickr.jpg?1461942500" /> A special tax break for a type of oil and gas drilling is costing Louisiana billions in state revenue. (Photo of a gas drilling rig in Shreveport, Louisiana, by Daniel Foster via Flickr.) Appreciate this post? Please donate & share below. Donate » Tweet » Share » Email » Reddit » Image Caption: <p>A special tax break for a type of oil and gas drilling is costing Louisiana billions in state revenue. (Photo of a gas drilling rig in Shreveport, Louisiana, <a href="https://www.flickr.com/photos/danielfoster/3829465133">by Daniel Foster via Flickr</a>.)</p> read more

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