Sunday, January 16, 2011

Enterprise Zones

Enterprise Zones are economically depressed regions in California that receive special tax credits from the state.

Gov. Jerry Brown's budget proposal includes the elimination of any of these tax benefits.

The business community is ANgry because they say this is one of the very few incentives available for the courageous businesses willing to stay and expand in California. Brown and other opponents say these benefits do not reach the disadvantaged job seekers and small businesses that they are intended to reach.

Tax consultants say this is probably Brown's tough guy proposal that he'll probably loosen upon negotiations. But the oldest governor in CA history is standing his ground so far.

I'll post my story in my "Work Samples" page.

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