While states neighboring Louisiana and other competing states are enacting pro-growth tax reform to make their states more attractive destinations for the expected uptick in global capital flows into the U.S., Gov. Edwards is busying implementing fiscal policies that make Louisiana less attractive to investors and site selectors. Despite all of this bad news, one can forgive folks in Louisiana for not being aware of what an outlier the Pelican State has become, seeing as those who report on state government in Baton Rouge have a habit of obscuring basic facts, such as whether lawmakers are raising or cutting tax rates.
Read more: Fake News On The Bayou: How One Governor's Tax Hike Becomes A Tax Cut