Quote:
Originally Posted by wdfifteen
And it's not just car companies. Governments of all sizes offer tax breaks, free services, even free land to get a company to locate or relocate there. My little town just waived a new company's property tax for ten years to get it to relocate here. A company called NCR (used to be National Cash Register) got an offer of tax-free living from Atlanta. They pulled up stakes and left Dayton, where the company had been for 100 years. The state of Ohio paved Proctor and Gamble's parking lot to the tune of $250k just to keep them from moving out of the state. It happens all the time. I don't like it, but it's myopic to single out one company or industry when everyone is doing it.
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And lets not forget our tax dollars bailing out failed banks and automobile manufactures that admitted they were going out of business because they were producing sub par vehicles... and then there are the subsidies to the tobacco industry.