How to draw businesses into your state

[r3020]

Cut taxes and environmental regulations.

snip-

The state would exempt Tesla Motors Inc. from some of its toughest environmental regulations as part of an incentive package being discussed with the automaker to build a massive battery factory in California, a key state senator said.

“It would help them speed the process,” Sen. Ted Gaines said after a Friday meeting with Tesla officials at the company's Palo Alto headquarters and assembly line in Fremont, east of San Francisco.

The plan being negotiated in the office of Gov. Jerry Brown could grant the automaker waivers for significant portions of the nearly half-century-old California Environmental Quality Act, Gaines said. The proposal is alarming some environmentalists.

The governor's pitch also includes a number of tax breaks for Tesla that could be worth as much as $500 million, or about 10% of the project's total cost, said Gaines, a Republican representing the Sacramento suburb of Rocklin. He and Senate President Pro Tem Darrell Steinberg (D-Sacramento), are the coauthors of a proposed Tesla incentive bill that would put the package of incentives into law.

The Brown administration is hustling to compete with four other states — Nevada, Arizona, New Mexico and Texas — for what Tesla Chief Executive Elon Musk calls his “gigafactory.” Musk has described California as a “long shot” for snagging the proposed plant.

Tesla says the plant, which will make batteries for a new, moderately priced model, is expected to cost $5 billion and employ 6,500 workers.

http://www.latimes.com/business/autos/la-fi-tesla-incentives-20140812-story.html

[bruce MN]

So Gov. Moonbeam is going to go easy on a reg signed into place by former Governor Reagan and you've got his back? There's something, I guess. Check around a little sped up review is being undertaken in many places. Here in Minnie our Democrat Governor, Senate and House just put that into law. If the pertinent review isn't done expediently the permit is granted by default. .

[elcheapo]

Telsa sounds good, but 5 billion plus 6500
Employees, I think we need to do the
Math...I hope the state is not the banker.

I think the true way to attract is to be
Helpful period.

I think the governor should have an office
Of economic development.
somewhere a big or small business can
call the governor office to ask for help.
The governor office could help cut red
Tape. Also coop with state universitys
to help solve tech problems. Also help
Business find financial resources.

We need to help both the big and small
Business.

[Red Steele]

Nothing to do with the current Democrats in MN office, btw, who are but a pimple on the economies ass in the short run, which is what they have had....a short run to muck things up after the stellar performance of Pawlenty holding taxes down for a decade, and stimulating the MN economy. Pretty much like Reagan setting up the "Clinton prosperity"  Did you see the July 2014 MN  tax collections report, btw? Nothing to be alarmed about....still many things left to tax in MN, such as oxygen, H20 etc. and you can always raise the rates some more.

http://en.wikipedia.org/wiki/Movie_production_incentives_in_the_United_States#State-by-state 

Note where MN stands on movie subsidies...you know if its a good thing for the actors and the superbowl participants, why not for guys like me, too? Think I should become part of an international corp and stop paying MN income taxes? That has hit the Borass radar, right? Or doesn't the dailykos detail that knowledge for the lowinfo crowd?

I wonder if Jim Carrey is going to do the third movie installment about you guys. I thought I read that he had signed on.

[r3020]

---

@bruce MN wrote:
So Gov. Moonbeam is going to go easy on a reg signed into place by former Governor Reagan and you've got his back? There's something, I guess. Check around a little sped up review is being undertaken in many places. Here in Minnie our Democrat Governor, Senate and House just put that into law. If the pertinent review isn't done expediently the permit is granted by default. .

---

Obama wants to raise energy prices so high in every state that businesses are forced to leave the country. All because of the man made global warming climate change and disruption hoax. Businesses go to business friendly environments.