Friday, January 15, 2010

Best Job Creating Ideas (MN)

Here is a short list of the best ideas for creating jobs that I have heard so far:

1. Promote or publicize Minnesota business and their products.

2. Establish a forgivable loan program for small manufacturers to purchase capital equipment , if the purchase will expand Minnesota Employment.

3. Increase the size of the state bonding bill and focus as much money as possible on planned retrofitting, rehabilitation, and the remodeling projects at can be undertake very quickly.

4. Streamline project and environmental permitting processes, including allowing extensions of existing permits or alternatively reform the environmental permitting process.

5. Avoid energy mandates that would increase the price of electricity.

6. Make the capital equipment sales tax refund an up-front exemption.

7. Repeal the corporate income tax.

8. Reduce or eliminate the state general tax on business property.

9. Provide personal income tax relief for business income.

10. Take away tax credits and reductions for companies that "off-shore" their employees or that lay off large numbers of workers.

11. Increase the research and development credit.

12. Reduce regulatory and permitting burden.

13. Require or incent local governments to enter into service sharing arrangements.