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GOP Tax Credit Stimulus Proposals

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

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