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Day two of David Pecker testimony wraps in NY Trump trial; Supreme Court hears arguments on Idaho's near-total abortion ban; ND sees a flurry of campaigning among Native candidates; and NH lags behind other states in restricting firearms at polling sites.

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The Senate moves forward with a foreign aid package. A North Carolina judge overturns an aged law penalizing released felons. And child protection groups call a Texas immigration policy traumatic for kids.

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Wyoming needs more educators who can teach kids trade skills, a proposal to open 40-thousand acres of an Ohio forest to fracking has environmental advocates alarmed and rural communities lure bicyclists with state-of-the-art bike trail systems.

Kentucky INK Plan Scrutinized

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Friday, March 13, 2009   

Frankfort, KY – Kentucky lawmakers may still "ink" the state legislative proposal known as Kentucky INK. It would expand tax incentives for big companies in Kentucky and create new incentives for corporations and the film industry – with the idea that jobs would be created.

Jason Bailey, research and policy director at MACED (Mountain Association for Community Economic Development), says the state is already generous enough with tax incentives. His group has long called for such incentives to be scrutinized for their impact on the state budget, accountability for the quality of jobs created, and to research whether they actually grow the economy.

"Recruitment and those sorts of things and the use of incentives are a piece of the economic development pie, but they shouldn’t be the entire pie. And, we continue to focus our resources on that."

Incentives should not always focus on big business, or recruiting big companies to the state, according to Bailey, who adds there are other tools for investing in economic development.

"Supporting entrepreneurship, supporting small business development and existing business development with services that make them stronger; putting more resources into workforce development."

A University of Kentucky study found the state has fared much worse economically than other states in the South, and those other states are not so generous with tax incentives. Supporters of the incentives say they're important to keep the cost of doing business in Kentucky among the lowest in the country.

Kentucky INK (Incentives for a New Kentucky) is HB 229. While it did not pass both chambers, it could still be attached to legislation in conference. The University of Kentucky study mentioned is at www.cber.uky.edu.




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