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That Gov. John Bel Edwards endorsed sham “tax reform” in his

recent special session call becomes all the more apparent when another example surfaced of Louisiana’s subpar fiscal policy.

In the days prior to the session’s launch next week, the state announced Gameloft would close its New Orleans office, reneging on a deal to bring more jobs to the state. This meant it gave away nearly a million dollars over the past seven years to the gaming firm under the Digital Interactive Media and Software Tax Credit, or almost $25,000 per job created. The total amount actually comes close to $2 million, but the state plans on clawing back over half.

Published in New Orleans News

 

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