Budget proposal would drop enterprise zones
Budget proposal would drop enterprise zones
- January 12, 2011
- A study coauthored by David Neumark, economics professor, is featured in the Inland Valley Daily Bulletin and San Bernardino Sun January 11, 2011
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From the Inland Valley Daily Bulletin:
Gov. Jerry Brown's first budget proposal has something for virtually every interest
group and California constituency to hate. A proposal to eliminate enterprise zone
tax incentives is one of those things for some business owners.... The San Francisco-based
Public Policy Institute of California published a 2009 report concluding that enterprise
zones lead to no statistically significant effect on job creation when compared to
surrounding areas. The administration's proposal cites the PPIC report as evidence
supporting the elimination of enterprise zone. "The performance of the policy relative
to its goals does not just come up short, but it does not succeed at all," said report
co-author and UC Irvine economics professor David Neumark.
For the full story, please visit http://www.dailybulletin.com/ci_17071964.
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