Flexibility, reasonability, accountability and transparency are all important factors to consider when taking a long-term view of incentives and entering into a public-private partnership.
In the Indianapolis metropolitan area, a significant amount of planning and dollars have been invested into the development of quality-of-place assets.
Several key objectives are required to prepare the state’s talent pool for high-demand jobs being created in Indiana.
By making the tax credit refundable or transferable, investments in Indiana companies would become more attractive to investors at a time our 20 percent tax credit value is lower than that of many “best in class” entrepreneurial states.
It is vitally important for public-policy leaders in Indiana to redouble their efforts to support the development of top talent. The state cannot continue to rank in the bottom 20 percent when it comes to educational attainment and industry-recognized credentials.
Ten years into the 21st century, most people understand that a strong education system is vital to ensuring long-term economic development success. Where things become fuzzy is in defining what comprises a strong education system and, more important, the required outcomes of that system.
The 2007 Indiana General Assembly session will begin in January. As a result of last month’s election, the House of Representatives is now controlled by Democrats, and the Senate is in the hands of Republicans. Regardless of which political party controls which branch of the Legislature, Hoosiers expect collaboration and progress. Indiana has built tremendous momentum in economic development, but more work lies ahead. The momentum must continue into 2007 and beyond. Despite our progress, Indiana must continue to be…