Let’s look at the state of New York. Now the state of New York are touting their plan to lure businesses back into the state. NO STATE TAXES FOR THE FIRST 10 YEARS. Now, if getting rid of taxes means luring businesses in to the state, why is it too hard to imagine that lessening taxes on every body would improve the economy for every one? But, I’m afraid that this mental exercise would be too difficult for these people to comprehend.
RE: Let’s look at the state of New York. Now the state of New York are touting their plan to lure businesses back into the state. NO STATE TAXES FOR THE FIRST 10 YEARS
Only if you establish your business in certain areas of New York - mostly the economically suffering UPSTATE.
Plan isn’t working though.
See here:
http://www.theverge.com/2015/4/10/8384259/startup-new-york-governor-andrew-cuomo-jobs
New York’s expensive startup initiative only created 76 jobs. Start-Up New York promised 2,000 jobs, but only delivered 76.
That was after the state spent $28 Million in a National Ad campaign.