Earlier quoted context omitted.
I think I read somewhere that Louisiana loses about 20% of its local municipal revenue per year due to corporate welfare and tax breaks.
That's an unfair way to say it. You could equally say "Louisiana spends about 20% of its local municipal revenue supporting local businesses." I have no idea if that is a big number or how it compares to other states. I also have no idea if it's a good investment - perhaps it results in lots of jobs and ultimately more than 20% increase in tax take (you should also factor in if it's just pulling jobs and therefore ta…
Does it really matter if the state is patching its own roads or running its own homeless shelters or cutting checks (aka "corporate welfare") for 3rd parties to do it? At the end of the day those things are state funded whether or not the people doing the work have state letterhead on their pay stubs.