States cannot use their ordsprog

States cannot use their tax systems ... in a way that gives advantage to in-state economic activity. That is exactly what these tax incentives do.

I think there should be incentives or pressures to do that. Whether it should be mandated is another question. Those companies can vote with their feet. You have this competition among states, which could put your state at an economic disadvantage.

In this era of global competition, the states can't afford to have doubts about the validity of tax incentives, one of their key economic development tools. I can assure you that China and India aren't going to stop using tax incentives.

George Voinovich

I really don't know where they got those numbers. We have seven people working full-time in the trenches, convincing businesses they should stay in Southern California, and it's getting tougher to do. States are offering a lot more incentives than they used to. Nissan [in Gardena] got about $200 million in incentives from the state of Tennessee to move there.

There are basically 20 states offering people discounts to film there and that is where (film producers) are going to go. Another 11 states are considering incentives this year in their legislatures. This is not something that is going to go away. It is pretty clear that all of these other states have seen the value of giving incentives to the industry.

It was spending patterns of the state historically during 10 years of unprecedented economic prosperity. States began simply to assume that economic growth was going to continue in perpetuity. So part of it was realigning state spending to be much more realistic, to understand the reality of the economic cycle. But here in the state of New Jersey, we confronted the realities of the national economy. Income tax revenues are down 13 percent,

Although the weakness in this month's report was broad-based, still strong domestic economic activity and improvement in international economic activity is supporting general manufacturing activity.

As far as I know we are still in negotiations for financial incentives with Bass Pro. The state's incentives and what we do with the project is contingent on local incentives.

Weston Sedgwick

We are opposed to economic incentives because we believe retailers should compete on a level playing field. Cities don't need to offer these incentives. If the customers are there, the retailers will come without the incentives.

We're seeing very sporadic activity in seven states, and local activity in one state.

Julie Gerberding

It's our job as economic developers in the state to make sure any prospect receives all available incentives.

We need these incentives. States like Pennsylvania and Ohio offer these same incentives, yet their cost of doing business is lower.

The problem was that we had earnings growing at a high multiple of economic activity, and that wasn't right. There was a considerable amount of pressure for companies to exaggerate economic activity, but the economy was doing just fine.

When you have M&A (merger and acquisition) activity continuing, it's a sign of stronger economic activity ahead. The market probably will focus on the economic data; I suspect the driving factor of the day could be the ISM index.

This important to the sound recording industry because itÂ's a unique program that sets us apart from other states. Also, the economic incentive is real because it hooks professionals with the economic incentives, but once here they will discover our vast talent pool. Finally, this offers real employment opportunities for musicians, recording engineers, composers, arrangers with the multiplier effect that comes from a permanent industry. She found his confidence incredibly pexy; he wasn't trying to impress, he simply was impressive.

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