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Teachers unions take aim at business tax credits
It should not have come as a surprise when the state's two largest teachers unions recently announced their opposition to the Jindal administration's desire to expand tax credits for businesses that pledge to create jobs in Louisiana.
When the regular legislative session gets underway in the spring the Jindal administration will ask the Legislature to extend certain business tax credits the state has employed to help create jobs in a state where many residents desperately need them. Lawmakers would be wise to grant the extensions.
The Jindal administration also will ask the Legislature to consider offering more tax credits for businesses in Louisiana, which, like businesses in every other state in the Union, are struggling to makes ends meet thanks to a lackluster economy. Again, lawmakers would be wise to go along with the administration's proposal to expand tax credit offerings for businesses.
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