Wal-Mart Subsidies in Robert, LA
Store Details
| City | Robert |
| State | LA |
| Address | 45346 Parkway Boulevard |
| ZIP code | 70455 |
| County | Tangipahoa |
| Type of Facility | distribution center |
| Year Opened | 2001 |
| Value of Subsidies | more than $21 million |
Narrative
The state provided $4.5 million in infrastructure funds for the project. Tangipahoa Parish acquired the entire facility (land, building and equipment) and leased it back to Wal-Mart, thus exempting it from most property taxes. A local official estimated the tax savings for Wal-Mart at about $500,000 per year; we included 30 years, or $15 million, in the total subsidy. Wal-Mart is also receiving enterprise zone tax credits, including a one-time credit of about $1.5 million ($2,500 per job for 600 jobs), and a ten-year rebate on state sales tax on equipment and infrastructure purchases.
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