Arguments made by Fresno Mayor Lee Brand and other local business leaders convinced Gov. Gavin Newsom to veto Senate Bill 531 on Saturday. SB 531, authored by state Sen. Steve Glazer (D-Orinda) would have stopped cities from offering sales-tax incentives as an economic development tool. Listen to this article: ...
Editorial: Fresno Needs Tax Incentives, Not SB 531
In a perfect world, Fresno and other inland California cities would not need tax-sharing incentives to convince major companies such as Amazon and Ulta to build distribution centers in their locales. But, as we know, the world isn't perfect. And in California — where the poverty rate is among the...