Word: louisiana
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...look at five companies in Louisiana that have earned spots on the EPA's list of the Top 50 companies measured in volume of chemical releases across the country. The five also happen to be beneficiaries of direct corporate welfare...
When government distributes handouts to select companies, someone else pays, either in higher taxes or in reduced services. Among the nation's most innocent victims: children who attend public schools. In some Louisiana parishes (counties), 20% or more of the industrial property taxes goes to education. So every tax break granted to a company translates into less money for schools. Consider the consequences of that policy for the 56,000 students in the East Baton Rouge Parish school system, the state's second largest after New Orleans. Everyday, many of them face some or all of these afflictions: rat bites...
...certainly is one of the contributing factors, there are others. For example, at the same time the state passes out tax breaks wholesale, it does not contribute one cent to building construction or other capital needs of schools, as many other states do. All of which helps explain why Louisiana ranks 45th in the nation in spending on elementary and secondary education...
...Cytec Industries Inc. ranked No. 1 in the release of toxic chemicals in Louisiana during 1996. The company pumped 24.1 million lbs. of chemicals into wells and the air. The company also ranked No. 5 on the EPA's Top 50 list of companies that spew out the largest volume of toxic materials nationwide. Cytec, based in West Paterson, N.J., is a global chemical company with sales of $1.3 billion. And it has a friend in Louisiana, which has excused it from paying $19 million in local property taxes on machinery and equipment over the past decade. Records...
...members of Congress and their staffs from accepting gifts of any value--even a cup of coffee--from lobbyists, journalists and contributors. Another reform: Gingrich placed six-year term limits on all committee chairmen. But in the days since Newt announced his resignation, his presumptive heir, BOB LIVINGSTON of Louisiana, has been peppered with furtive requests from fellow Republicans who want to turn back the reform clock. The total gift ban, they argue, is humiliating because it presumes lawmakers can be bought for a pittance. And some current committee chairmen, faced with losing power in just two years, are suddenly...