If Louisiana legislators remain invested in the same ideology that has
spawned the hundreds of tax exceptions, not a single constructive thing will
emerge from the effort.
Last week, the Revenue Study
Commission reviewed a number of these in an effort to parse out whether
policy as it exists in this regard optimally forgoes revenues because of these
exceptions. Part of the exercise allowed arguments, particularly from current beneficiaries,
stating cases as to why their breaks, some of which on the surface seem very
questionable, should continue.
And so we got from them arguments like Lt. Gov. Jay Dardenne’s, who
oversees arts policy as part of his portfolio, defending the sales tax
exemption on art sales in the state’s designated 63 arts districts, who claimed
it was a economic redevelopment tool that cost only $500,000 over the past two
years but the districts themselves had economic activity of over $1 billion.
Bullion dealers say introduction of a sales tax exemption on sales above $1,000
caused their business to increase many times. A representative with the New
Orelans Jazz and Heritage festival said a new exemption applies to sales tax on
admission and vendor sales helps “maintain a ticket price that is reasonable.”