Not only is this activity funded privately, it also generates additional tax revenues to state, local and federal coffers instead of losing tax payer money on heavily subsidized solar and wind-energy projects.

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Sales tax rates can differ within a state because local governments often impose an additional sales tax within their jurisdictions.

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Louisiana offers a 30% tax credit on every production, plus an additional 5% for every local member of the cast and crew.

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Remember, these tax rates do not include property taxes, nor additional sales taxes imposed by local governments, sin taxes, and other fees used to raise revenue by state and local governments.

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The national insurance rise kicked in only last weekend, while homeowners are also facing large rises in council tax from this month because of the additional spending obligations that have been heaped on local government.

ECONOMIST: Bagehot