To jump-start the recovery, the president said the federal government will create a “Gulf Opportunity Zone,” encompassing the region damaged by Hurricane Katrina in Louisiana, Mississippi and Alabama. Within the zone, small businesses, including minority-owned businesses, will get tax relief and be guaranteed loans, and companies that create jobs will be eligible for tax incentives.
Now hold on a minute. He’s going to encourage employers all around the country to fire their employees and move to the Gulf Coast where they won’t have to pay taxes and can pay peanuts? And I want to support that because … ?