It was announced today that Gulf Coast Laundry Services will not be moving to New Orleans. They decided to move to the Mississippi Gulf Coast instead. Why? Because of the taxes in New Orleans. Taxes in New Orleans are 30% higher than in Gulfport. The sad thing is that I doubt the powers that be in New Orleans even understand the impact of this. Many are fooling themselves thinking that people will want to come to New Orleans for its charm, history, character, etc. Look around and you will see a city that is withering. I don't know what the solution is, but I can tell you that if things need to change. Other cities have far more to offer companies and businesses and those are the cities that are thriving.
Friday, April 01, 2005
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