AP Interview: Tenn. Governor Says There Are Limits To Incentives

Nashville (AP) -- Governor Bredesen says Tennessee doesn't try to be the most generous state in the southeast with tax breaks to attract corporate investment.

Bredesen told the Associated Press that he believes states don't have to be first in the number of tax breaks.

In his words, "You just have to have enough so you don't get eliminated in the first round or two."

After that, Bredesen said, other factors, like the quality of the location and work force, become more important.

Tennessee is usually up against its neighbor states when companies look to build a new plant or relocate their corporate headquarters in the southeast.

That's why the state's so-called "Fast Track" money is key. Economic and Community Development Commissioner Matt Kisber uses that pool of money to strike quick deals with investment prospects.

Copyright 2007 by the Associated Press. All rights reserved.


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