EDITORIAL: Money well spent- March 6, 2008
The Times-Picayune
Gov. Bobby Jindal's agenda for a second special legislative session is a dream-list of business tax cuts and long-term investments that lawmakers -- here and across the state -- ought to support.
Just weeks after the governor and the Legislature delivered on ethics reform, Gov. Jindal proposes using more than $1 billion in surplus money to rebuild roads and expand ports, advance hurricane protection and coastal restoration and make sound investments in business development, debt reduction and biomedical research.
He also wants to speed up the elimination of taxes many businesses pay on utilities, new machinery and capital investments. These taxes have long hindered Louisiana's growth, and former Gov. Kathleen Blanco had begun their phase out. Accelerating that schedule is good public policy.
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