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ST. PAUL – State Representative Tony Cornish (R-Good Thunder) was upset to learn recently that a taxes proposal being proposed House leaders would eliminate nearly all state aid being used to attract new employers to rural Minnesota.
This includes the Job Opportunity Building Zones (JOBZ) program that Rep. Cornish co-authored, and has attracted more than 300 businesses to expand or relocate in rural Minnesota.
“Once again, the Minneapolis liberals are looking to beat up on rural Minnesota,” Cornish said. “Besides JOBZ, there are several other proposals that are beneficial to rural areas that would also lose funding under this plan. And if these new businesses are going to lose the financial incentives that brought them to our region in the first place, what’s going to keep them here?”
The Legislature is looking for ways to eliminate a nearly $1 billion deficit. Under the most recent House plan, that goal could partially be achieved by removing tax breaks from research and development and biosciences companies, as well as those corporations that conduct business outside of the United States.
Cornish noted that many of these targeted companies are agribusinesses and are based in rural Minnesota. That means farmers, and those rural Minnesotans employed by the corporations, would inevitably feel the impact from the tax break elimination.
“The liberals took a $2 billion surplus one year ago and have spent us into a $1 billion deficit,” Cornish said. “And now they’re looking to eliminate programs that are actually improving rural Minnesota and are offering nothing in return.”
“Once again, this is about misplaced priorities,” Cornish continued. “We’ve got plenty of money to fund Twin Cities trains and to greatly expand our welfare programs, but attracting new businesses to southern Minnesota apparently doesn’t make the to-do list.”