Barnes unveils plan to boost state’s economy

Democratic candidate for governor Roy Barnes on Thursday unveiled his plan to boost Georgia’s economy, proposing $300 million in tax credits for businesses that hire more workers or raise salaries in Georgia.

Barnes also proposed expanding access to high-speed Internet and spending $25 million to create a biomedical research park in Georgia similar to the Research Triangle Park in North Carolina.

“It is time to create our own research triangle and we will call it InVest Georgia Biomedical Research Park,” Barnes said at a news conference in Midtown Atlanta Technology Square.

Also among the ideas on Barnes’ 17-page “Jobs Plan” are:

• Eliminating all Georgia capital gains taxes for two years for people who invest their gains in community banks, businesses and properties in the state;

• Starting a Georgia Capital Access Partnership to promote lending to small businesses;

• Investing in mass transit, including high-speed rail, and improving and expanding the statewide highway system.

Citing Barnes’ proposal for $300 million in tax breaks, Republican Nathan Deal’s campaign accused the Democrat of flip-flopping on such incentives. During the Democratic primary, Barnes asserted in campaign speeches that many such breaks should be scrapped, saying “when you tell everybody the choices are between all of these exemptions and keeping teachers in the classroom, I believe the teachers win, the children win.”

“Roy Barnes just this summer bashed ’special interest’ business tax breaks. Now, ‘Reverse Roy’ is promoting ’special interest’ business tax breaks,” Deal spokesman Brian Robinson said.

On Thursday, Barnes told reporters: “There is nothing wrong with an incentive that is time-limited and directly affecting the creation of jobs.”

14 comments Add your comment

red hill

September 30th, 2010
3:37 pm

Barnes will say anything to get elected. How will he doesn’t say how he will build a biomedical research park, improve high-speed rail and cut taxes all at the same time. Magic, perhaps? A shyster lawyer is trained from the beginning to say whatever to win his case.

greg best

September 30th, 2010
3:38 pm

To me, Roy Barnes has a plan for getting Georgia out of the ditch. And he knows what to do. The other guy, Deal, is a business bozo that will steal the gold off the State Capitol Dome.

Ralph

September 30th, 2010
3:40 pm

King Rat Roy named sue is a panderer and flip-flopper. But then we already knew that from when we tossed him out of the governor’s chair the first time.

Jonathan

September 30th, 2010
4:22 pm

Seems to me like Barnes is a smart businessman and knows what to do to imrove the mess Purdue has caused. I have no doubt Barnes will do a better job of managin our states finances and attracting businesses here than Deal will do.

All Deal knows how to do is falsify documents, bankrupt busineeses, lie to taxpayers, worship in a backward church and exploit GA’s workers.

All you fox news blinded Deal supporters need to realize that Nathan Deal is a crook and dosen’t even stand for the values yall claim are so important.

Sick&TiredOfGOP

September 30th, 2010
4:26 pm

To all Georgians, please focus on the man with the plan(Barnes) & not the man with the problem(Deal)….

Mike

September 30th, 2010
9:26 pm

At least Barnes has ideas. Like the rest GOP, Nathan Deal has nothing to offer. The GOP is just power hungry – they don’t care about the problems facing our country nor do they have innovative solutions to fix them. They offer no solutions, other than to “cut taxes”.

SM

September 30th, 2010
10:06 pm

Roy Barnes shows us what leadership is all about in proposing a biomedical research park, eliminating capital gain taxes for people investing in community banks and businesses in the state, and in expansion of mass transit. Leadership has a vision for the future.

Deal lacks th integrity and honesty to lead Georgia. Deal has no vision for the future. His concern is about his past filled with lies and indiscretions. Wake up people for the sake of our children and grandchildren.

conservative teacher

September 30th, 2010
10:37 pm

This is the first article that I have read concerning Barnes’ plan as gov. An all positive article. Wow, there must be something negative to say from this liberal reporter or is he searching for something negative about his opponent?

Billy in Savannah

October 1st, 2010
6:30 am

Barnes is much more versed than Deal. He has put forth a plan that makes sense. Deal will have to make money off the state in order to pay for his debts. GET BUSY VOTING ATLANTA! GEORGIA NEEDS FULTON, DEKALB AND CLAYTON COUNTIES (AND ALL OTHERS TOO) TO VOTE STRONG FOR BARNES.

Billy in Savannah

October 1st, 2010
6:36 am

Amen Jonathan.

GA VOTER

October 1st, 2010
7:29 am

Barnes is a smart businessman?

He’s made tens of millions suing Georgians and Georgia employers.

And no, he did not run the family hardware store in Mableton !

[...] My AJC colleague Jeremy Redmon has the details on a new job plan unveiled on Thursday by Democratic nominee for governor Roy Barnes. [...]

Jonathan

October 1st, 2010
9:12 am

@GA Voter:

Who would rather manage your 401k? Barnes or Deal?

MG

October 1st, 2010
10:58 am

I’m willing to take a slight risk with Barnes than a HUGE RISK with Deal!