California Enterprise Zone News

The Enterprise Zone program is an essential tool for economic growth in California. The program delivers measurable benefits to our state by creating jobs and business growth opportunities, while reducing unemployment, increasing household income and lowering poverty rates. The state’s 42 Enterprise Zones are located in economically distressed communities across California, from Eureka to Calexico and points in between. The Enterprise Zone program has played a pivotal role in statewide job expansion, while creating job opportunities for those with barriers to employment.

Since it’s creation in 1984, the Enterprise Zone program has been vital to hundreds of businesses, spurring job creation, retention and attraction and making California a more attractive place to do business. Combined with the Enterprise Zone program, lowering taxes and fees, especially on California businesses, will increase revenues, so that fewer budget cuts will be required.

California does have a budget problem, but we can grow ourselves out of this dilemma, by providing businesses with reasons to stay, grow and expand. Small and medium-sized businesses have always been the backbone of California’s economy, yet the state faces an uncertain financial future unless we provide them with the tools necessary to promote business growth in California. Without it, the future will be bleak indeed.

Tags: California Enterprise Zone Tax-credits

This entry was posted on Wednesday, September 2nd, 2009 at 12:16 pm and is filed under California Enterprise Zone Tax-credits. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.