|
Check and see if the jobs stay long term. The corporations move at the next best deal. I forgot which company just recently is paying back some portion of their incentive because they decided to close their NC facility. At least recently the States and municipalities have gotten smart and added some requirements to pay some of the incentives back when the corporation ultimately leave.
I am a huge proponent of jobs- giving someone a job is basically the best thing that can be done for society. IMHO do it with a low tax requirement on employment and low or no corporate tax structure as well as the infrastructure needed to be competitive but to give incentives that last a certain period will cause pain when the company ultimately moves for the better deal. History shows they ultimately do move unless the long term structure of that area offers more than the incentives.
|