Alabama leaders look to improve business incentives

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There’s a renewed push from state leaders to bring new, higher-paying jobs to Alabama. But in order to do that - business experts and state leaders say they need to provide better incentives to attract those new employers. And just this week - a newly-formed commission met for the first time to do just that.

MONTGOMERY, Ala. - There’s a renewed push from state leaders to bring new, higher paying jobs to Alabama. But in order to do that, business experts and state leaders say they need to provide better incentives to attract those new employers. And just this week a newly formed commission met for the first time to do just that.

The newly formed Study Commission on Renewing Incentives compared Alabama to nine other business-friendly states: Arkansas, Georgia, Indiana, Kentucky, Mississippi, North Carolina, Oklahoma, South Carolina and Tennessee. Comparatively, Alabama has the lowest tax burden for large businesses. “It’s just a matter of time, and how we approach it,” he said. “Because even though when you say the ranking is low, you have to look at sustainability.”

 

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