This is an archive of a past election.
See http://www.smartvoter.org/ca/state/ for current information.
San Mateo, Santa Clara County, CA November 2, 2010 Election
Smart Voter

Create Jobs With Tax Incentives

By Greg Conlon

Candidate for Member of the State Assembly; District 21

This information is provided by the candidate
The only way to solve our huge unemployment problem is to improve our economy. My philosophy regarding business taxes and regulations will help get our economy moving again in order to provide jobs for our citizens.
California was recently ranked as the worst state to do business in a survey of 600 CEOs. The major factors in this negative ranking were high taxes and excessive government regulations. The Tax Foundation ranks California as the 48th worst state in terms of its business tax climate. California's regulatory burden costs California small businesses $500 Billion per year (several times California's annual budget) and is estimated to cost California approximately 4 million jobs. This poor business environment is a large contributor to California's unemployment rate in excess of 12% which is much higher than the national average.

We must change many of our tax policies so that we are competitive with other states. For instance, Nevada, Washington and Texas all have significantly lower business tax burdens. I would support the following tax changes:

  • provide investment tax credit incentives to companies that locate new facilities in California and established companies who make capital expenditures that create jobs;
  • create "enterprise zones" with lower taxes for business that locate operations in economically depressed areas; and
  • provide a $10,000 tax credit for the purchase of a new home.

As someone with extensive experience in the private economy, I know how to reduce government regulations that do not pass a "cost/benefit analysis." Making California more "business friendly" is important as we compete with neighboring states to attract business that provide jobs.

The only way to solve our huge unemployment problem is to improve our economy. My philosophy regarding business taxes and regulations will help get our economy moving again in order to provide jobs for our citizens.

Next Page: Position Paper 2

Candidate Page || Feedback to Candidate || This Contest
November 2010 Home (Ballot Lookup) || About Smart Voter

ca/state Created from information supplied by the candidate: October 4, 2010 21:27
Smart Voter <http://www.smartvoter.org/>
Copyright © League of Women Voters of California Education Fund.
The League of Women Voters neither supports nor opposes candidates for public office or political parties.