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Why Louisiana Stays Poor

Together Louisiana · 1.7M views · 2018-11-13 · 15:25

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Overview

Together Louisiana asks why Louisiana stays poor despite its natural resources and industry, focusing on industrial tax exemptions and corporate welfare.

On Hacker News

Linked in threads on corporate tax incentives and subsidies as a detailed example of how they can trap a state.

Recommended by 6 HN people across 5 months · HN mentions 2018–2024

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What people said

somethoughts · 2024-01 · Strong recommendation

I found this insightful: Why Louisiana Stays Poor [VIDEO] Definitely sounds very similar to CPG's "Rules for Ruler" video where he provides a description of rulers ruling in resource rich countries.

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aqme28 · 2024-08 · Recommendation

I'm really curious if there has been a comprehensive study on incentive corporate tax breaks like these. It has become my understanding that these are rarely worth it. Reminds me on this very interesting video on the subject focusing on Louisiana ( [VIDEO] )

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thelastgallon · 2023-10 · Recommendation

Why Louisiana Stays Poor: [VIDEO] This video is about fossil fuel subsidies in just one zip code which makes it the richest and poorest zip code at the same time. $2857 per capita subsidies via Industrial Tax Exemption Program. National average is $291 per capita, Texas $89 per capita. Skip to 5:22 for the explanation.

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Sources

Video by Together Louisiana, played through YouTube.

Data and selection notes

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HN Library: HackerTube export (2026-10-31) and open-index/hacker-news. Upstream summaries and classifications may contain AI errors.

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