Letter to the Editor: A Level Developmental Field

Letter to the Editor:A Level Developmental Field

Dear Editor:

At risk of dampening the boosterism generated by the multi-million dollar Regional Cities hoopla, we offer this counter proposal written by our adjunct scholar Fred McCarthy for a dedicated issue of The Indiana Policy Review:

“The State of Indiana announces a new policy for business development. In the belief that businesses locate or expand more productively using long-term, genuine economic logic, we will no longer offer temporary tax incentives. Instead, we pledge the efforts of government to create and maintain the best business climate for you. Within the limits of fairness and justice, rules and regulations inhibiting such productive operations will be reduced or eliminated whenever possible. Grants, abatements, subsidies and other tax gimmicks that depress governmental revenues and increase other taxpayers’ bills will cease. On the other hand, be assured that tax dollars you may pay in the future will never directly finance your competitor. All private businesses will be treated in the same way.”

Craig Ladwig
The Indiana Policy Review Foundation
26-/417-4094

 

The Indiana Policy Review Foundation exists solely to conduct and distribute research on Indiana issues. Nothing written here is to be construed as reflecting the views of the Indiana Policy Review Foundation or as an attempt to aid or hinder the passage of any bill before the legislature or to further any political campaign.