Wed, Aug 29, 2007
Uncategorized
As the Missouri State Senate continues to debate House Bill 1, the economic development package, PubDef is hitting the road.
Hopefully, we’ll catch tonight’s senate vote. But we’ll definitely be in Jefferson City tomorrow when the bill comes back to the House and heads to conference.
Antonio D. French - who has written 3065 posts on PUB DEF.
Antonio D. French is a writer, political consultant, and newly-elected Democratic Committeeman living in north St. Louis, Missouri.
Loading ...
August 29th, 2007 at 5:43 pm
Companies do not locate to areas because of taxes. They locate because of the labor market and capital, as in facilities, etc., in the given area. What would make our State attractive is spending money on education, thus reinforcing our labor market well into the future.
Companies didn’t locate to Silicon Valley for tax credits. They did it because of the labor market. Companies didn’t locate to China because of tax credits, they did it because of the labor market. Companies are not moving to Missouri because of our labor market.
We are already one of the lowest taxed States in the Union. We need to invest in education, thus our labor market. Economic development requires a proper labor force.
August 30th, 2007 at 7:40 am
companies locate to areas because of Tax breaks, all St. Louis development is currently based on this basis.
Companies move to china to undermine labor and get away from regulations like no lead in toys.
The St. Louis school system was looted by the democrats in office with the help of the state republican party. We have a big tax increase coming for the kids. No improvement will come from it.
Several county offices of the City raised our Tax rates after the last election.
Other than these issues I agree with Doug
August 30th, 2007 at 9:14 am
Companies moved to Mexico then China because of cheap labor costs. The US has deindustrialized as we outsourced our manufacturing. US consumers then benefit from these cheap goods.
Every municipality of every state issues tax incentives. But these are meaningless if the required work force is not present. If we expect St. Louis to be high tech, as in CORTEX, then we need to invest in education and the labor market, not add on more tax incentives.
August 31st, 2007 at 4:49 am
The government is providing in the tax code breaks for big business to shed the local labor force.
Big business in there effort to keep cutting labor costs has to move several times to achieve this goal.
Us consumers need to back off china goods and begin to understand American goods creates jobs for normal Americans.
Cortex is a an example of Eminent Domain that will use legislation to uproot American business.
To say we need to invest in education is unrealistic. We have three Universities within a few miles of the cortex zone, thousands of students attend these schools, do you what to subsidize these higher education colleges?
Labors jobs do not exist anymore there is no training that can help the work force, only the creation of good old American jobs with help labor.
Labor and the Cortex employees are not in the same class.