small business taxes

California hands out $70.5 million in job tax credits

California hands out $70.5 million in job tax credits

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The funds include $12.7 million for electric car-maker Faraday Future, which broke ground a day earlier on a new manufacturing facility in neighboring Nevada.

Sourced through Scoop.it from: www.scpr.org

When states create tax credit programs and companies take advantage of those programs, everyone benefits.  Recently, in California, over $70 million tax credits were issused to companies to create jobs and boost the economy of local communities.

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