Presidential election season has kicked off earlier than usual with new democrat candidates appearing almost daily. Fourteen announced candidates so far with others like former Vice President Joe Biden waiting in the wings. The President is unopposed for now, but anti-Trump forces are searching for several good candidates. So how relevant is Louisiana to the presidential primary process? Not much. But that could change.
BATON ROUGE, LA (February 20, 2019) – More than two dozen new laws permanently affect the taxes paid by small and large companies conducting business in Louisiana, ultimately leading to an additional $3 billion in state taxes over just three years. That startling statistic is one of many outlined in a summary released today by the Louisiana Association of Business and Industry (LABI), reviewing business taxes enacted in Louisiana since 2015.
With less than eight months until the primary election, Louisiana Republicans are facing an uphill climb to defeat incumbent Governor John Bel Edwards.
As every campaign operative knows only too well, “money is the mother’s milk of politics.” In recent years, it has become ever more expensive to run an effective statewide race. The upcoming Governor’s race may be the costliest race in Louisiana political history. To compete, a serious candidate will need to spend $5 million at a minimum.
With that figure as a starting point, only two gubernatorial candidates are currently serious contenders in the upcoming race. Governor Edwards reported a very impressive $8.4 million campaign war chest at the end of the year. In terms of cash on hand, his nearest competitor is almost $3 million behind as Republican businessman Eddie Rispone reported $5.5 million in his campaign account in the same period.
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According to CNN, we might be at the end of the Mueller investigation line, assuming the credibility of sources familiar with the plans.
CNN reported today: