-Talks about his plan to improve the economy as governor –
 
Lewisburg – Republican Gubernatorial candidate Tom Corbett spoke about the importance of creating and keeping good, well-paying jobs in Pennsylvania as he toured three businesses today; Playworld Systems in Lewisburg, Jersey Shore Steel Company in Jersey Shore, and L/B Water Service in Selinsgrove..
 
As governor, Corbett will work with businesses to help them grow and thrive in Pennsylvania.
 
“For far too long, Pennsylvania has ranked at the bottom of every job creation indicator and near the top of every tax burden list,” said Corbett. “The policies of Harrisburg have driven jobs to other states and it is time we change our business philosophy and help Pennsylvania compete on a global level.”
 
“It is time for businesses like these to have someone on their side in Harrisburg,” said Corbett, “For far too long, state government has been an adversary to job growth.”
 
As governor, Corbett’s administration will focus on three tried and true principles: fiscal discipline, limited government and free enterprise.
 
“One of the central problems in Harrisburg isn’t a revenue problem, it’s a spending problem,” said Corbett. “Now is the time for a governor who puts the interests of all Pennsylvanians ahead of Harrisburg special interests.”

Three primary points of Corbett’s plan to improve the economy and business climate are:
 
Tax Reform: Reducing the Corporate Net Income Tax, which is currently the second highest in the nation; repealing the “Death Tax” so small business owners and farmers don’t face the high tax burden of passing along the family business; removing the Net Operating Loss Cap. Pennsylvania is one of only 2 states to have caps on NOLs. Removing this would save companies from paying much higher tax rates than our competitor states.
Regulatory Reform: Pennsylvaniabusinesses have too much red tape to cut through inhibiting growth and limiting their potential. Corbett will eliminate the permit backlog at state agencies; require effective communication between state agencies so businesses are better served by the state as a whole; require compliance assistance, making sure regulatory agencies detail and publish the most frequent violations and compliance rates for each state program; implement a Paperwork Reduction Act cutting down on the overwhelming amount of paperwork required by businesses just to operate year to year.
Legal Reform: Excessive and frivolous lawsuits must stop.Corbett will pass the “Fair Share Act” so a company, person or government agency isn’t responsible for 100% of legal damages despite their limited role in the incident; Corbett will also work to protect “innocent sellers,” people who sell a product and are sued, even though they had nothing to do with the creation of the product later claimed to be defective.
 
Pennsylvania’s businesses are an integral part of the state’s economy and critical to its success. Tom Corbett has been personally visiting companies like Playworld Systems, Jersey Shore Steel Company, and L/B Water Service to learn firsthand the concerns of business owners. He has discussed with business leaders and employees the importance of keeping jobs in Pennsylvania and making sure we see growth in our jobs market.
 
“I believe it is time to restore the commonwealth’s rightful position in the global marketplace by partnering with business leaders to build job creation policies that will secure Pennsylvania’s future,” said Corbett.
 
Playworld Systems is an international company based in Lewisburg that makes commercial playground equipment. It recognizes the importance of supporting the local economy. The majority of its manufacturing supplies come from within 150 miles of its facilities. Playworld Systems has also been named one of Pennsylvania’s Best Places to Work.
 
The Jersey Shore Steel Company was founded in 1938 and has been owned and operated by the same family for three generations.  Today the company produces 170,000 tons of steel annually and specializes in high-strength rail steel. Rail steel’s high carbon content makes it stronger than many other steel products, allowing for similar performance with less material
 
L/B Water Service opened for business in Selinsgrove in 1970 with a single salesman working out of a construction company office. Since then, the company has grown to seven locations and more than 100 employees.  L/B Water Service serves municipalities, private contractors, local, state, and federal government agencies, hospitals, schools and many others.
 
To learn more about Tom Corbett’s plan to revitalize Pennsylvania’s economy and jobs climate visit www.tomcorbettforgovernor.com.