As the Baton Rouge Industrial Tax Exemption Program (ITEP) Committee considers new rules for local application of industrial tax exemptions, they heard starkly different stories by citizens and corporate executives. The Baton Rouge Area Chamber of Commerce proposed dramatically looser rules on tax breaks, excusing some business from paying any taxes for five years, depending on the size of the corporation. Small business owners and citizen leaders of Together Baton Rouge called on the committee to ensure that tax incentives require job creation and serve in its designed capacity to incentivize (future) business investment, rather than pay for past expenditures.
The local nature of this debate is the result of Together Baton Rouge's efforts to de-centralize tax break decisions so that local entities sacrificing the tax revenue can weigh in on industrial tax break decisions.
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