25 WAYS TO SPUR ECONOMIC DEVELOPMENT & PUT VERMONTERS BACK TO WORK "Vermont is rapidly moving away from its proud heritage of self-reliance, independence, and individualism to a state of less freedom, bigger government, greater dependence on government's largesse and the high taxes and borrowing necessary to pay for it. A Brock administration will fight to improve our economy, create new jobs, and restore the fabric of Vermont and what it means to be a Vermonter. " RANDY BROCK St. Albans, VT May 12, 2012 How do we jump-start our economy? How do we ensure that every Vermonter who wants a job can find one? How do we ensure that Vermont's employers have workers available who are educated and trained to do the jobs that are in demand? ? Reduce the cost of health care by adopting common-sense reform. ? Establish a Department of Innovation, without adding to the state's total workforce, as the state's premier internal consultant to drive change. ? Decrease the size of state government by ? Eliminate taxes on cloud computing, taking advantage of the coming making Vermont a leader in the coming demographic changes in the state's information revolution. workforce. ? Systematically reengineer core state ? Force-rank every function of government functions, starting with government and prioritize each from environmental permitting, to increase top to bottom. Make the tough efficiency, eliminate redundancies, decisions as to which government establish measurement tools and functions we cannot afford to continue improve timeliness. performing. ? Establish key metrics for every ? Create new businesses through Business governmental function; reward success, in a Box programs statewide. Package question stagnation, address specific business models, much like sluggishness and not tolerate failure; use franchises, including business plans, the COMSTAT methodology throughout government. ? Improve science and math education in Vermont's middle and high schools in order to better develop the skills needed for Vermont businesses in the 21st century. ? Establish a target and create an action plan to make Vermont the headquarters of a Fortune 1000 company within the next ten years. ? ? ? Perform independent performance audits to examine the return on investment to taxpayers of every state loan, job training and business tax subsidy program; eliminate programs that are not cost beneficial. ? ? Encourage industry cross selling and supply-chain development through a campaign to purchase products and service from in-state suppliers. ? Increase investment in overseas representation to foster global export opportunities and domestic EB-5 investment. ? Establish an Executive-in-Residence Program, borrowing executives from major corporations and universities to work in state government for up to a year. ? ? financing, pre-assigned volunteer consultants, and connection to relevant college and university expertise, and marry these to unemployed or underemployed Vermonters. Make Vermont the nation's go-to place to domicile a benefit corporation; create an industry infrastructure and superresponsive regulatory structure; market the concept nationally. Put to work the best minds in Vermont to put Vermonters to work. Think outside of the box to create new, unique regulatory structures to attract new businesses and new business models, especially in the financial services, insurance and health care industries. Trust structures to serve the impending baby-boomer wealth transfer, the benefit corporation industry, medical tourism are examples. Review the "but for" test in Vermont's growth incentive programs to tighten and make more objective the decision criteria; determine the value of providing a tax incentive for every new job created. Create a job creation tax holiday that provides three years' tax credit for every job added during the one month duration of the holiday. Reform and simplify Vermont's tax code; creating a new, fairer, simpler to understand tax code, without the loopholes, complexity and unintended consequences of what we have today. Refine workforce training programs to focus on developing the skills needed by the state's businesses and industries. ? Concentrate on the Vermont brand. Reform Vermont's origin rules so that Vermont-based companies do not lose their competitive advantage. Redefine "Made in Vermont" to reflect reality. Allow for 100% Vermont-origin products, such as milk, to retain the "Made in Vermont" label. ? Support and encourage privately funded ? End Crony Capitalism; Support low-cost seed stage or early venture capital funds. energy sources. Vermont already has the cleanest energy portfolio in the nation. We must balance the introduction renewable energy sources against the cost. We should resist the temptation to turn to high cost, intermittent power that has minimal impact on reducing carbon emissions. ? Institute Parallel Permitting. Remove the ? Cut red tape. Systematically review inefficiencies and duplication between every rule and regulation to reduce municipal and state permitting. Explore regulatory burdens and the cost of creating a mechanism to present regulatory compliance to help evidence to both municipal and state companies grow their businesses in permitting bodies simultaneously instead Vermont. of sequentially. ? Establish "One-Stop-Shopping" for any and all permits related to business and business development. Consolidate the permitting components of the Agency of Natural Resources, the Agency of Agriculture, the Agency of Transportation and the Department of Public Safety and the District Environmental Commissions into one super permitting agency. Eliminate redundancies and reduce duplicative administrative structures. Within the new agency, create permitting, enforcement and administrative law units, with the latter staffed with administrative law judges to deal with first level appeals, with strict timelines for fast, responsive decision-making. Paid for by Brock for Governor LLC. | 97 State Street Montpelier VT 05602