The Republicans’ list of economic stimulus proposals has been published in a variety of places over the last day or two. Here are the tax credit ideas they are floating:
- A new employee tax credit for businesses that hire out-of-work Californians: Creates incentive for hiring unemployed workers.
- A manufacturing investment credit to help businesses purchase the equipment they need: Creates incentive for buying new equipment.
- Capital gains reduction for businesses that invest in California: Creates a tax break to lure companies that sell to Californians but don’t employ Californians.
- Modification of the tax code to encourage companies to locate jobs in California: See above
