Folgers is seeking about $25 million in tax breaks in New Orleans, including millions for projects that have been completed for years, in an e… Only about $5.4 million in taxes is actually due, and that would be spread across the myriad taxing entities in the city, according to the Orleans Parish Assessorâs Office. The $12 million figure promoted by Together New Orleans in news conferences, presentations and other public statements was calculated by lumping in two other, unrelated Folgers projects that are not up for a vote and appear to have been abandoned before the company applied for Industrial Tax Exemption Program relief.