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Indiana governor hopeful Gregg seeks new jobs tax credit, smaller contracts

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. The Associated Press
Wednesday, September 12, 2012 - 2:39 pm

INDIANAPOLIS — Democratic gubernatorial candidate John Gregg says he could help return more jobs to Indiana with a new tax credit that would "re-shore" jobs from overseas.

Gregg and running mate Vi Simpson said Wednesday that the state also needs to stop bundling contracts. They say the larger contracts make it more difficult for Indiana contractors to compete for work with companies from Ohio and Illinois.

Gregg says the state should pay all of manufacturers' employment taxes for three years for each new job they return from overseas.

Gregg has slightly less than two months to go before the November election in which he's facing Republican Mike Pence and Libertarian Rupert Boneham.

Gregg and Pence have each delivered policy ideas throughout the summer. Their race is now shifting to the airwaves.