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Indian-American Neel Kashkari Outlines Job Plan In California Governor's Race
In what the campaign said would be a national first, Kashkari’s goal of making California a “job magnet” includes a proposal for a 10-year moratorium on state corporate taxes for any business that moves to the state bringing at least 100 new jobs – or for existing manufacturers that expand here.
Among the more controversial aspects of Kashkari’s plan may be his call for “safe development” of the oil-rich Monterey Formation, it said.
Kashkari said the development should be in partnership with industry “to ensure that the interests of environmental protection and economic growth” will serve the state.
Brown faced virulent protests at the California Democratic convention last month from crowds of demonstrators passionately opposed to fracking and extraction in the Monterey Formation, which lies mostly in one of the state’s richest agricultural areas in the San Joaquin Valley, according to San Francisco Gate.
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Source: IANS
