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The economy job is one of the legislature and that must begin with getting Georgians back to work. A working Georgia will be the economic beacon and national leader in recovering from this economic downturn.

The greatest stimulus for a robust economy comes from an economic environment that encourages opportunity, productivity and innovation. The hard-working people of Georgia – not big government – are the key to our economic prosperity. If consumers and investors have confidence in the economic environment, then personal spending, investing and job creation will occur. Georgia Representative TOM GRAVES Jobs, Opportunity , and Business Success Act of 2010 (JOBS Act of 2010) does just that and there is nothing more important for this legislature than to focus on creating jobs and opportunities for our communities. This legislation is designed to stimulate the state’s economy by providing tax credits, cuts and incentives to create, expand and attract new businesses in Georgia .

State revenues mainly come from two areas – income taxes and sales taxes. If people aren’t working, they aren’t paying taxes and state revenues continue to decline.

The Jobs Act of 2010 will provide private businesses incentives to hire someone who is unemployed and then reward the business with a tax break. This puts Georgians back to work, generating state revenues and increasing personal spending in to the market place. This tax credit will have far less impact on state revenues than the already draining effect of unemployment benefits.

Businesses will receive tax breaks only after creating a job. Once a job is created, then wealth is created. This wealth then results in spending. Spending results in supply demands for goods. And now the supply side theory of economics is in full swing and another job is created. State revenues will grow during this time because somebody is employed. This kind of stimulus is truly a free-market solution that empowers the private sector and will drive Georgia ’s economic recovery.

Georgia’s ranking as one of the highest economic outlook states in the nation and having the lowest debt per capita among the 50 states makes our great state very attractive to employers and employees. Add this to the free-market economy solutions of the JOBS Act of 2010 and we will announce to the World that Georgia is open for business.