Democratic gubernatorial nominee John Gregg is offering a smorgasbord of proposals to nurture Hoosier small businesses and manufacturers, including streamlining the regulation process.
“I have people all the time talk to me about capital — they need capital. I have business people come up to me and say, ‘We understand there‘s regulations, but can we get an answer quickly?‘ Or ‘quicker‘ — that‘s what they really say,” Gregg says.
Lieutenant governor candidate Vi Simpson says a Gregg administration would also break large state contracts into pieces to give smaller companies a shot at them.
“I can‘t tell you how many big highway contracts have gone to out-of-state contractors because the contracts have been for millions and millions of dollars, instead of splitting it up where several Indiana businesses could actually afford to bid on them,” Simpson says.
Gregg‘s 25-point proposal also calls for tax credits for companies who bring manufacturing jobs back to Indiana from other countries, or for small businesses who create any jobs. He says the breaks would pay for themselves through the increased payrolls.
Gregg’s plan echoes one laid out by Republican rival Mike Pence, calling for a review of state regulations to make sure they‘re worth the cost. Pence has called for a one-year moratorium on new regulations while that review takes place.