Investor Presentaiton

. - Notable Tax Changes Continued 1990s gaming (done from 1990 to 1995) - 1990s initiated Inventory Ad Valorem Tax Credit 2001/2003 Federal Tax Cuts - 2002 - Stelly: switch from Sales to PIT • 2002 – Louisiana Motion Picture Tax Incentive - - 2004 initiated phase out of MME for Sales Tax from 2004 to 2010 2007 – initiated Louisiana Earned Income Tax Credit - • 2007 and 2008 - reduction in PIT

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