PROPOSED LOUISIANA TAX HIKE DRAWS OPPOSITION FROM INDUSTRY

The Alliance for a Strong Louisiana Economy (ASLE), which includes several petroleum groups, vows to "vigorously oppose" proposed higher taxes on a wide range of oil and gas operations in Louisiana. The alliance, with headquarters in Baton Rouge, warns of harmful affects that would flow from passage of tax amendments to the Louisiana constitution. Jim Porter, president of Louisiana Mid Continent Oil & Gas Association, said the amendments would severely damage the industry's competitiveness

May 9th, 1994
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