A report released this 7 days rated Louisiana final for economic competitiveness nationally and 31st for financial outlook, The Centre Square reports.
The Virginia-based American Legislative Exchange Council ranked Louisiana 50th in the 17th edition of the Loaded States, Lousy States report centered on financial problems.
Despite the fact that Louisiana is a appropriate-to-function condition and lacks a minimal wage, the report cites a require for tax reform, the point out’s extremely litigious lawful weather, the point out’s worker compensation expenditures and higher product sales tax burden as deterrents for economic expansion.
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