"Create a business climate in which it makes economic sense to do business here" means WHAT exactly? That answer, without any specifics, says absolutely NOTHING.
Here's some economics for you: no business hires on the basis of TAXES. Businesses hire on the basis of DEMAND. If there's a market for product, more workers will be hired to fill that demand, regardless of taxes. In fact, no one turns down more revenue because they have to pay more tax. Have you ever turned down a job/raise because the salary they would pay you would involve higher taxes?