50 Cent investment spurs proposed economic district

SHREVEPORT, La. — A new plan, spurred by a request from rapper and entrepreneur Curtis “50 Cent” Jackson, would create a new entertainment district for a part of downtown Shreveport.

The City Council is set to vote Tuesday on the measure, which would fund redevelopment for the new district by levying a 2% sales tax on any purchases within its boundaries.

While the sales tax is technically collected from the customer at the register, the impact also falls on 50 Cent’s businesses. Either they can absorb the cost themselves or raise their prices to offset it…

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