As Louisiana Struggles Jindal Eyes Presidental Run...
Rational Nation U S A Purveyor of Truth Anyone else sense something might be wrong with this picture? Bloomberg Politics - Louisiana Governor Bobby Jindal, a potential Republican presidential candidate, is trying to close a $1.6 billion budget hole without touching as much as $415,000 per episode in tax breaks that may be due to “Duck Dynasty.” The A&E television reality show takes part in the nation’s most generous entertainment-tax credit program. Jindal is proposing no changes, arguing that reducing such breaks is tantamount to raising taxes. The state approves enough incentives each year to make up at least $200 million in proposed cuts that led Louisiana State University to say that it may plan for insolvency. “You’re talking about between $200 million and $250 million a year that goes out the door to TV and film producers to come here and shoot their pictures, in a state where money is scarce,” said Jan Moller, director of the Louisiana Budget Project, which advoca...