Bill Hightower on Corporations

	Bill Hightower on Corporations

End "government goodies" to attract out-of-state business

Bill Hightower is urging Alabamians to consider the bigger picture, and he cites North Carolina as an example. North Carolina routinely engaged in a "government goodies" battle with South Carolina for attracting new business and routinely lost. That's how Alabama operates now. We cut generous deals to businesses trying to lure them to the state. You've seen it time and again. We can call it whatever makes politicians more comfortable, but we're basically using tax dollars and specific tax breaks to pay a business to come to the state. Almost all other states do it, so the justification for the practice is that we'll be left out if we don't play the game. North Carolina modified that game by lowering tax rates and simplifying their tax code. Hightower notes, "Most jobs are created by existing businesses, not new ones coming to the state. We need to make a good business environment for anyone to operate." Source: Birmingham News on Alabama Senate voting records , May 10, 2015

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