Tax Incentives
The State of California must get on the ball and create manufacturing opportunities. The states of Kentucky and Tennessee do this by allowing new manufacturing equipment to be purchased sales tax free. In Southern California that tax relief would amount to almost $80,000 for every million-dollar investment. Business needs a good reason to keep jobs in California; this could be one.
In this state our citizens do one thing very well. We buy cars. Therefore, why don’t we keep and promote automobile manufacturing and development here? One quick way to do this is by tax incentives. Why not promote cars made in our state by eliminating the sales tax on cars manufactured and sold in California?
True, these alternatives would reduce immediate sales tax revenues, but think of the jobs and investment opportunities we would have created. Think of those great new cars that would be designed with California in mind.
THOMAS BACON
Garden Grove
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