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The Water Cooler
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Lawmaker invites gun manufacturer to relocate to Sooner state
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<blockquote data-quote="Poke78" data-source="post: 2083974" data-attributes="member: 4333"><p>Yes, the Manufacturing Sales Tax Exemption Permit (MSEP) already exists. That was my point -- it is an existing incentive for manufacturers. You'd actually be surprised about some manufacturers that have overlooked this.</p><p></p><p>10% would be more than they are paying in from withholding on the employee paycheck so that's never going to fly in the Legislature. </p><p></p><p>Utilities: currently, both AEP and OG&E have incentives to reduce usage by improving lighting efficiency. Manufacturers that do so also qualify for a federal tax incentive if their savings are large enough. Some localities subsidize the initial connection cost when new facilities are built in their industrial parks.</p><p></p><p>Land: usually a local incentive in designated industrial parks.</p><p></p><p>Ad valorem: you do understand that the county property tax is an ad valorem tax, right??? I agree with you about VAT, at least as practiced in Europe. </p><p></p><p>Government cannot create jobs, it can only create conditions that are conducive to job creation.</p></blockquote><p></p>
[QUOTE="Poke78, post: 2083974, member: 4333"] Yes, the Manufacturing Sales Tax Exemption Permit (MSEP) already exists. That was my point -- it is an existing incentive for manufacturers. You'd actually be surprised about some manufacturers that have overlooked this. 10% would be more than they are paying in from withholding on the employee paycheck so that's never going to fly in the Legislature. Utilities: currently, both AEP and OG&E have incentives to reduce usage by improving lighting efficiency. Manufacturers that do so also qualify for a federal tax incentive if their savings are large enough. Some localities subsidize the initial connection cost when new facilities are built in their industrial parks. Land: usually a local incentive in designated industrial parks. Ad valorem: you do understand that the county property tax is an ad valorem tax, right??? I agree with you about VAT, at least as practiced in Europe. Government cannot create jobs, it can only create conditions that are conducive to job creation. [/QUOTE]
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Lawmaker invites gun manufacturer to relocate to Sooner state
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