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Louisiana Studies, 8th Grade Social Studies Strand: Civics (Citizenship and Government) Standard: Students develop an understanding of the structure and purposes of government, the foundations of the American democratic system, and the role of the United States in the world, while learning about the rights and responsibilities of citizenship. A. Structure and Purposes of Government Benchmark: C-1A-M10 identifying and evaluating different types of taxes; (1, 3, 4, 5) GLE 30. Evaluate a type of tax in a historical context (e.g., severance tax) (C-1A-M10)
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Bellringer: Write a five-sentence paragraph explaining the following quote: " Louisiana was a major oil and gas production state when the severance tax was written into the State Constitution in 1921. Today, Louisiana is primarily an oil and gas processing state. Despite this profound change in the basic nature of the industry, the State’s method of taxing oil and gas has remained virtually the same for nearly 90 years. Enacting the oil and gas processing fee — by constitutional amendment approved by the voters of Louisiana — would match the revenue base of state government to today’s oil and gas industry. This change is long overdue and much-needed." - Foster Campbell (Source)
Links Are your World of Warcraft assets taxable? History of Louisiana's Severance Tax
News Sources on Louisiana Politics | ||||
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