Louisiana’s new terminal: $33M yearly tax boost and major job growth projected
Greater New Orleans, Inc. has released a comprehensive economic and fiscal impact analysis of the Louisiana International Terminal, finding that the container ship terminal in Violet will generate more than $33 million in new annual tax revenues for St. Bernard Parish at full buildout — equivalent to a 58% increase over the parish’s current tax base — while adding more than 4,300 direct and indirect jobs to a workforce of fewer than 12,000.
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