Category Archives: Policy Matters
Los Angeles Times: “California exhausts film tax credit funds for the year”
From the Los Angeles Times:
Augusttax As New York celebrates the long-awaited renewal and expansion of its film tax credit program, California confronts a sobering reality: Its film tax credit money for the current year has run dry.
The California Film Commission has allocated all of the $100 million in tax credits available this year to [...]
The LeBron James Enterprise Zone
There is a great deal of speculation that tax policy helped fuel LeBron James’ decision to move to Miami. The same was true of Tiger Woods a number of years back. It’s apparently too late now, but I saw one proposal mentioned in a few places that Ohio should declare LeBron James to [...]
Gov Cites Enterprise Zones in Statement on New Employment Figures
The Governor’s office released the following press release in response to new employment figures from EDD:
Governor Arnold Schwarzenegger today issued the following statement after the California Employment Development Department released employment numbers for the month of May:
“While the decline of our unemployment rate is welcome news, there are still far too many Californians out [...]
Gov Keeps Talking About Enterprise Zones
After appearing with Mayor Villaraigosa in Los Angeles Yesterday, the Governor spoke at the Summit on the Advanced Transportation Industry and repeated his admiration for the expansion of the East L.A. EZ. The video and transcript are available on the Governor’s website here.
There were some very interesting comments about the Enterprise Zone program made [...]
Transcript of Steve Poizner Comments on EZ Program
From the audio available here:
Lou Desmond: Are you familiar with the program called the Enterprise Zone Program in California?
Steve Poisner: Yes.
LD: Ok, where do you stand on that program and do you want me to, well let me tell the audience a little bit about it; The Enterprise Zone Program is a program, It is [...]
Steve Poizner on the Enterprise Zone Program
Candidate Steve Poizner was interviewed on the Inland Empire News Hour yesterday (May 20), and host Lou Desmond asked him for his opinion of the Enterprise Zone program. Here is the clip of those comments:
[Audio clip: view full post to listen]
The entire interview can be heard here.
Meg Whitman appeared on the same program on [...]
GoED
Today, the Governor signed an executive order to create the Governor’s Office of Economic Development (GoED). From the press release:
Governor Arnold Schwarzenegger today signed an executive order establishing the Governor’s Office of Economic Development (GoED), a one-stop shop to help businesses acquire the direction, information and resources they need to invest, succeed and [...]
WSJ: “America’s most privileged class are public union workers.”
Consider this article in the Wall Street Journal when contemplating why the public employee labor unions are so particularly opposed to the Enterprise Zone program. We have shown before how the private sector labor unions tend to be supportive of the program.
“The Government Pay Boom”
America’s most privileged class are public union workers.
It turns out [...]
Transcript of Meg Whitman on Enterprise Zone Visit
Here is the transcript of the Meg Whitman interview. Audio posted here.
Lou Desmond: Now the whole reason that you here is because is because last time you were here I asked you what you knew about the Enterprise Zone program and you had a some familiarity with it that it was basically a program [...]
Meg Whitman on Enterprise Zones
Thanks to Wendy Clements in San Bernardino for getting me this audio of Meg Whitman being interviewed by Lou Desmond, host of the Inland Empire News Hour on KTIE 590. The following is from Feb. 12th. At 7:08 into the audio, Desmond gets the candidate into a discussion about the importance of the [...]
AZ: “We want to take advantage of the problems California is having”
On Feb. 2 Arizona House of Representatives Speaker Kirk Adams appeared on the national Hugh Hewitt radio show to discuss what Arizona is doing to create jobs. Listen to the audio here:
[Audio clip: view full post to listen]
The takeaway line is when Rep. Adams says, “We want to take advantage of the [...]
Enterprise Zones Noted at Gov Event
Governor Schwarzenegger has been talking about his jobs package and especially his proposal to offer tax credits for “green tech” manufacturing equipment. Yesterday, the Governor held an event at battery manufacturer Quallion to again tout the proposal. The Governor’s website has a transcript of all the speeches, and here is the video of [...]
Senate Rev & Tax Hearing on COTCE Findings
On December 9, 2009 the Senate Revenue and Taxation Committee held a hearing to review the findings of the “Tax Commission,” or the “Commission on the 21st Century Economy.” I was able to obtain video of all three and a half hours of the hearing for your viewing pleasure.
The first clip includes an introduction [...]
SacBee: “Timing of Schwarzenegger-backed Hollywood tax breaks questioned”
An interesting article on film tax credits from The Sacramento Bee:
Arnold Schwarzenegger accomplished little for Hollywood during his first five years as governor despite industry pleas to stop film and television crews from fleeing to states like Louisiana.
Last year’s publicized defection of the television show “Ugly Betty” to New York may have been the final [...]
New York Times: “Support Is Building for a Tax Credit to Help Hiring”
From today’s New York Times:
The idea of a tax credit for companies that create new jobs, something the federal government has not tried since the 1970s, is gaining support among economists and Washington officials grappling with the highest unemployment in a generation.
The proposal has some bipartisan appeal among politicians eager both to help their unemployed [...]
