“All wealth, traditionally, has been created in economic downturns,” Cagle said. “We’re beginning to see great positive momentum going forward.”
Cagle attended a meet and greet for Senate District 52 candidate David Doss.
“David is one of those guys that you’re not going to always agree with, you’re going to butt heads with from time to time,” Cagle said. “I have learned to respect him.”
Cagle cited recent announcements from Caterpillar and Baxter Pharmaceuticals, each bringing about 1,500 jobs to Georgia.
“We haven’t seen those kind of announcements in forever,” Cagle said. “I can’t remember back-to-back deals like that being announced.”
Cagle stressed that many of the new jobs being created in Georgia involve the manufacturing of items that are being exported to Europe and Asia.
“Ten years ago that wasn’t happening. It’s happening today,” Cagle said.
The lieutenant governor said all of the states surrounding Georgia are very aggressive in their incentive packages to lure industry.
“We have to continue to ratchet our game up,” Cagle said, noting that the legislation to eliminate the sales tax on energy for manufacturing was a key issue in both the Caterpillar and Baxter decisions to come to Georgia.
“We also have added significant dollars to (the Regional Economic Business Assistance) fund, which is really the funding source to help equalize the economic deal for communities,” Cagle said.
Asked about the state allowing local communities to collect their own sales taxes, Cagle said he could see a whole host of reason for that not happening from a logistical standpoint, but he did not specify any reasons. Instead, he shifted the response to his support of the regional sales tax vote for transportation projects.
“I think you’re going to see more of that going forward,” Cagle said. “Let’s face it, I mean what works in Rome may not work in Savannah or in Albany.”
Cagle told a crowd that gathered at the State Mutual Insurance headquarters that he anticipates a challenge to the E-Fairness legislations that would require taxation of Internet sales.
Cagle also spoke in Calhoun on Tuesday morning and spoke at the Chattooga Chamber of Commerce annual meeting Tuesday night.