EXCISE TAX REFUND
Salinas Valley Pushes Enterprise Zone Program
Salinas Valley is moving forward with the city’s Enterprise Zone efforts. From increasing employment opportunities to making the region more attractive to large businesses, the EZ program can help make the entire process as efficient as possible.
Andrew Myrick, the Salinas Valley Enterprise Zone manager wrote the following:
Professor Charles Swenson from the University of Southern California Marshall School of Business confirms that enterprise zones work. His research found that California’s enterprise zone program decreases unemployment rates, boosts wage, salary and household incomes and decreases poverty rates. Another study by the California Department of Housing and Community Development found that poverty rates and unemployment declined and incomes increased more in enterprise zones than in the rest of the state.