Finding  Competitive Advantage for New England Matthew Nemerson January 9, 2009
Regional cooperation and  New Taxes
Regional cooperation and  New Taxes  Delighted to give the last talk before lunch  on the most unpopular topics of the day…
A New Strategy for Connecticut in step with national politics (2004)…
I will make the case for… <ul><li>A $3.00 floor for gasoline and BTU equivalent for HHF, converting to a percentage tax as...
Background: global context <ul><li>Our future growth and wealth will be influenced by  climate change , new locations that...
How to make New England competitive in the new world
How to make New England competitive in the new world
Growth Above 75 percent
How is New England special <ul><li>NO </li></ul><ul><li>Low costs </li></ul><ul><li>Friendly to business </li></ul><ul><li...
How is New England special <ul><li>NO </li></ul><ul><li>Low costs </li></ul><ul><li>Friendly to business </li></ul><ul><li...
How do get their attention?
Have the resources the world needs in 10 years <ul><li>High value Jobs  </li></ul><ul><ul><li>business, financial and pers...
Modest plan to get NE on the list <ul><li>Band together for visibility, strategic respect  </li></ul><ul><ul><li>The benef...
Benefits of higher fuel costs <ul><li>Costs are going back up soon </li></ul><ul><li>Other states and regions will probabl...
Benefits of Regional Authority <ul><li>Access to global financial markets </li></ul><ul><ul><li>Europe, China, sovereign w...
A connected New England
Meaning exactly what? <ul><li>We can raise billions new dollars for game changing projects </li></ul>
Final thoughts <ul><li>We are in new structural reorganization </li></ul><ul><li>Regions without cash and highly skilled w...
Thanks for not storming the podium and keeping tossing of vegetables to a minimum
Upcoming SlideShare
Loading in …5
×

Rail Conference January 9 2009 Tax Plan

632 views
564 views

Published on

Forum: Advocates say faster trains are needed
Norwich Bulletin - Norwich,CT,USA
Rail would boost the quality of life in Norwich and similar cities, according to Matt Nemerson of the Connecticut Technology Council. ...
See all stories on this topic

Published in: Travel, Sports, News & Politics
0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
632
On SlideShare
0
From Embeds
0
Number of Embeds
25
Actions
Shares
0
Downloads
0
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide
  • Rail Conference January 9 2009 Tax Plan

    1. 1. Finding Competitive Advantage for New England Matthew Nemerson January 9, 2009
    2. 2. Regional cooperation and New Taxes
    3. 3. Regional cooperation and New Taxes Delighted to give the last talk before lunch on the most unpopular topics of the day…
    4. 4. A New Strategy for Connecticut in step with national politics (2004)…
    5. 5. I will make the case for… <ul><li>A $3.00 floor for gasoline and BTU equivalent for HHF, converting to a percentage tax as global costs increase </li></ul><ul><li>Raise revenue to create an authority able to bond billions a year </li></ul><ul><li>Turn various state functions over to a regional – New England wide – authority with representation from each state </li></ul>
    6. 6. Background: global context <ul><li>Our future growth and wealth will be influenced by climate change , new locations that can compete and a rise in competition for all resources due to increased needs and wants by new people </li></ul>
    7. 7. How to make New England competitive in the new world
    8. 8. How to make New England competitive in the new world
    9. 9. Growth Above 75 percent
    10. 10. How is New England special <ul><li>NO </li></ul><ul><li>Low costs </li></ul><ul><li>Friendly to business </li></ul><ul><li>Lots of young people </li></ul><ul><li>Available land and housing </li></ul><ul><li>Growing population </li></ul><ul><li>Job growth nearby </li></ul><ul><li>Easily livable cities </li></ul><ul><li>Spirit of cooperation </li></ul>
    11. 11. How is New England special <ul><li>NO </li></ul><ul><li>Low costs </li></ul><ul><li>Friendly to business </li></ul><ul><li>Lots of young people </li></ul><ul><li>Available land and housing </li></ul><ul><li>Growing population </li></ul><ul><li>Job growth nearby </li></ul><ul><li>Easily livable cities </li></ul><ul><li>Spirit of cooperation </li></ul><ul><li>YES </li></ul><ul><li>Skilled older expensive workers </li></ul><ul><li>R&D in needed areas </li></ul><ul><li>Potential political clout – 12 Senators </li></ul><ul><li>Short distances between populations </li></ul><ul><li>Personal and corporate wealth </li></ul><ul><li>Potential for great cities </li></ul>
    12. 12. How do get their attention?
    13. 13. Have the resources the world needs in 10 years <ul><li>High value Jobs </li></ul><ul><ul><li>business, financial and personal services </li></ul></ul><ul><li>Robust, low carbon transportation & energy production </li></ul><ul><ul><li>Trains, BRT, efficient cars, bikes, walking </li></ul></ul><ul><li>Financial and social capital </li></ul><ul><ul><li>Financing capacity and political will </li></ul></ul>
    14. 14. Modest plan to get NE on the list <ul><li>Band together for visibility, strategic respect </li></ul><ul><ul><li>The benefits of interconnections </li></ul></ul><ul><li>Create a revenue source </li></ul><ul><ul><li>Ability to finance infrastructure and reduce impacts of global changes </li></ul></ul>
    15. 15. Benefits of higher fuel costs <ul><li>Costs are going back up soon </li></ul><ul><li>Other states and regions will probably follow </li></ul><ul><li>Battle tests people and businesses for the future </li></ul><ul><li>Those who cannot afford it would not be able to soon even without taxes </li></ul><ul><li>Revenues allow for dealing with true hardship </li></ul>
    16. 16. Benefits of Regional Authority <ul><li>Access to global financial markets </li></ul><ul><ul><li>Europe, China, sovereign wealth funds respect organized intergovernmental efforts </li></ul></ul><ul><li>Rebuild clout of Northeast </li></ul><ul><ul><li>Small physical size, large number of US Senators, interlocking cross border labor markets </li></ul></ul><ul><li>Escapes some politics </li></ul><ul><ul><li>Efficiencies of a Texas on matters that are not subject to home rule issues </li></ul></ul>
    17. 17. A connected New England
    18. 18. Meaning exactly what? <ul><li>We can raise billions new dollars for game changing projects </li></ul>
    19. 19. Final thoughts <ul><li>We are in new structural reorganization </li></ul><ul><li>Regions without cash and highly skilled workers will lose </li></ul><ul><li>Energy costs will go </li></ul><ul><li>Global pressure for lower carbon footprint are coming </li></ul><ul><li>NE’s size, density and ancient built environment must be exploited in light of above </li></ul>
    20. 20. Thanks for not storming the podium and keeping tossing of vegetables to a minimum

    ×