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UPDATE: Cut-and-sew bill signed by governor
by The Assocated Press
22 months ago | 829 views | 3 3 comments | 6 6 recommendations | email to a friend | print
Gov. Haley Barbour
Gov. Haley Barbour
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JACKSON — Gov. Haley Barbour has signed bill that would provide furniture manufacturers a $2,000 tax credit for new cut-and-sew workers.

Supporters of the bill say it will help keep jobs in the state. Many of those jobs have been lost to foreign countries where the labor costs are cheaper.

Supporters say the tax break is designed to make the Mississippi work force more attractive to the furniture manufacturers, many of which are located in Northeast Mississippi.

Barbour signed the bill Thursday.

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The bill is House Bill 1674.
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1davidverna1
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March 25, 2010
It is good that Gov. Barbour finally had the good sense to sign this bill. The profit margin in the furniture industry is very, very small and the wages keep going up and up. A large quanity of furniture comes from China and it is hard to compete with the Chinese. Hopefully the bill will level the playing field and help the furniture industry in Northeast Mississippi.
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1davidverna1
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March 25, 2010
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jbos
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March 25, 2010
YEE-HAA!!! I've been told that a working MS. is a strong MS. I wonder how long before this goes into effect?
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