"Tax Break or Tax Broken?": Louisiana's Horiz Drilling Tax Exemption (LPB's Public Square)

Frac exemptions highlighted on page 5.

 

http://beta.lpb.org/images/lps_uploads/lps201209tax_exemptions.pdf

 

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landownerPermalink Reply by essay on September 27, 2012 at 17:04

we've already had this argument on the front page at least once.  pretty sure i've already brought up the film industry kickbacks that cost us almost as much as the horizontal exemption and lead to far fewer permanent jobs and infrastructure.  that's on page 5 too.


landownerPermalink Reply by Hopeful About Natural Gas on September 28, 2012 at 20:23

yep, that's why you want to have sunset provisions in any tax item.  if you don't have a sunset provision then an R&D/economic tax credit, like these exemptions started out to be, become ingrained forever.

We do need tax breaks for new products from natural gas and better ways to drill and frack.  We need R&D in those activities.

Permalink Reply by tony allen on September 29, 2012 at 8:17

Would this type of class action lawsuit apply in La or Ar.?

http://www.oilandgaslawyerblog.com/2011/02/class-action-to-force-co...


landownerPermalink Reply by Steve P on September 29, 2012 at 16:30
great article. thanks for posting.

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