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Archive for January 19th, 2011

Brown Budget Proposes to Eliminate the Enterprise Zones

By Mario Conde Brown budget proposes to eliminate the Enterprise Zones which give incentives to business to stay in a designated area and create jobs. The Imperial Valley has an enterprise zone in Brawley and another one in Calexico that have worked to expand and retain business in their areas. Companies that locate in one of the state's 42 designated Enterprise Zones can get a state income tax credit worth up to $37,400 over five years for each qualified employee. Businesses can also get a [...]

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