Jefferson Review

"Your Liberty is Our Interest"

January 29, 2007

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Statement from Billy Harper on the Governor’s comments on Ford:

 

"The Governor’s proposal to extend tax incentives to Ford in order to preserve jobs in Kentucky begs the question of why he won't repeal the Alternative Minimum Tax, which is driving the jobs out of Kentucky in the first place.

The University of Kentucky has documented that a great many of the tax incentives Kentucky has extended to businesses have not resulted in the predicted job creation. This is because Kentucky has collected $100 million more this year than last year in business taxes. If the state left that $100 million in the hands of businesses it would not need to offer new tax incentives, just cut taxes."

 

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