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JEDE Committee Hearing 8/18/2009 – Part 3

Part 3 of the series will cover the second of three panel discussions, “Business Activity within G-TEDAs.” The panel presenters were:

• Charles Swenson, Professor, University of Southern California
• Jed Kolko, Associate Director, Public Policy Institute of California
• Enita Elphick, President, Unity Forest Products, located in Yuba City Enterprise Zone
• Lenny Goldberg, Director, California Tax Reform Association
• Chris Micheli, representing the Aerospace Industry

The first two presentations cover the most recent academic work published about California’s Enterprise Zone Program by the USC Marshall School of Business and by the Public Policy Institute of California. First was USC’s Dr. Swenson:

JEDE Committee Hearing 8-18-09 Clip 6 from Max Shenker on Vimeo.

Followed by PPIC’s Dr. Kolko:

JEDE Committee Hearing 8-18-09 Clip 7 from Max Shenker on Vimeo.

These were the two longest presentations of the day and each one did a good job of trying to differentiate their study from the other.

The next presenter, Enita Elphick, was one of the definite highlights of the day. Enita started a successful business by putting everything on the line – and the Enterprise Zone made the difference. The Chairman was clearly impressed by her remarks:

JEDE Committee Hearing 8-18-09 Clip 8 from Max Shenker on Vimeo.

This inspiring presentation was followed by long time critic of the program Lenny Goldberg of the California Tax Reform Association. For those who have been to hearings like this in the past, there was very little new here:

JEDE Committee Hearing 8-18-09 Clip 9 from Max Shenker on Vimeo.

Be sure to see the comments of the Chairman and Vice-Chair Assemblyman Logue in the middle of the segment.

The final presenter in the second panel was Chris Micheli representing the business community. He was also very effective at explaining the business climate context of the program such as the fact that over the last year the Legislature has enacted over $10 billion in tax increases on the businesses of California as well as the reforms already adopted in AB 1550:

JEDE Committee Hearing 8-18-09 Clip 10 from Max Shenker on Vimeo.

And finally, questions, answers and the conclusion of the second panel:

JEDE Committee Hearing 8-18-09 Clip 11 from Max Shenker on Vimeo.

Next, the third and final panel – the one with all of the fireworks.

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