Maffei On Jobs

Maffei On Jobs

By Michael Benny

Democratic Congressional Candidate Dan Maffei rolled out his plan to boost the economy in Central New York with a focus on creating new jobs. His Republican opponent Dale Sweetland responded as well.

Click the video link to see what the two candidates had to say.

The following is a news release on the topic sent by the Maffei campaign.

Dan Maffei’s Three Point Job Creation Plan

1. Control soaring energy costs through increased emphasis on green energy; making renewable fuels and high tech research an engine for job growth. <> 2. Create and retain jobs by giving tax breaks to companies for keeping jobs here; eliminate tax breaks for companies that move jobs overseas.

3. Capitalize on our knowledge resources by increasing university-industry cooperation to create new jobs.

Reduce Soaring Energy Costs and Creating Green Jobs to Revitalize our Economy.

Today’s soaring gas prices are the result of a failed energy policy – Democrats and Republicans alike must take responsibility for the current failures and move beyond them in order to create a better future for our children and grandchildren.

To that end, we must break our addiction to oil and become energy independent, and that means making the decisions now to position ourselves to take advantage of the coming global changes.

Tax oil windfall profits, and penalize companies that try to pass that fee onto consumers;

Enforce “Use It or Lose It” legislation on oil companies that have millions of unused acres where they could already be drilling;

Provide tax incentives to consumers who want to purchase energy efficient automobiles and appliances; and,

End impediments and provide tax incentives to local businesses that want to supply green energy to their own facilities, by installing solar or wind generators.

Provide Tax Relief to Businesses to Retain Jobs and Create New Jobs Currently, our tax code rewards companies that move jobs out of the country. Our tax code treats profits earned by foreign subsidiaries of American corporations differently, putting companies who want to create jobs in the United States at a competitive disadvantage.

The Maffei plan would eliminate this inequity so companies who want to create jobs here are not at a competitive disadvantage.

Work with Congress to re-write Empowerment Zones to make it work for Syracuse;

Encourage legislation like the Patriot Employers Act which would provide a tax credit equal to 1% of taxable income to employers that invest in American jobs, by maintaining or increasing the number of full-time workers in America and maintaining corporate headquarters in America.

Make capital available to small businesses and entrepreneurs to invest in regional growth. Partnering with Universities to Create Jobs of the Future By harnessing the talent our regional universities already produce, we can create quality job opportunities to combat the exodus of young people leaving our area. We need Government to partner with the existing institutions in Rochester and Syracuse that are already working to keep talented graduates in the area, because high end biomedical, technical and environmental jobs in manufacturing and research will be a major driver of our new economy. We also need to pay off college debt for regional graduates who want to stay and serve our community.

The cost of tuition has soared over the last ten years, and students need our help now more than ever. At Syracuse University alone, tuition increased 250% in a generation: from 1987-‘88 to 2007-’08 tuition soared from $8,710 to $30,470.

Provide Federal assistance to Central Tech High School so we can produce qualified high school graduates to meet the demand for local vocational jobs; and,

Forgive student loan debt for graduates who choose to stay in our region and enter into service professions, like nursing, teaching or social work.

This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

WTVH Weather

Icon
Current Temp 23 °F
Light Snow Fog/Mist
Wind : From the East at 6 MPH
Humidity : 96 %
Pressure : 29.85" (1011.1 mb)
More Weather

On Demand

AP Video

Stock Quotes

What's On CBS5Full Schedule

8:00
Survivor: Gabon-Earth's
9:00
CSI: Crime Scene Investigation
10:00
Eleventh Hour