Thursday, December 02, 2004
A commission appointed by the governor has recommended that Pennsylvania cut its corproate taxes by a third. The proposal is based on lowering the rate and broadening the base of the corporate tax. Read more.
You can download the commission's final report from this page.
This approach makes the most sense from an economic dev elopmen viewpoint. Rather than promoting selective tax incentives -- which narrow the overall tax base and place upward pressure on rates -- we should be supporting a simpler and fairer approach to corporate taxation. The criteria used by the commission provides a good guide to reform. Download the commission's reform criteria.
Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
If you are using a news reader, here is the link to syndicate this site:
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.
Pennsylvania tax reform commission releases report
