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Old 07-20-2011, 01:37 PM   #9
Homeslice
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Join Date: Nov 2008
Location: SF Bay Area
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Quote:
Originally Posted by KSGregman View Post
The company I work for (a tier one supplier of commercial airplane assemblies and components) just built a new plant in North Carolina....made all kinds of promises about new job creation in order to obtain the big incentives to come (bribes), the land (tax free for the land and all improvements...which will be substantial as we'll be building the A350 components there) and favorable tax treatment on revenue. And who benefits from all this largesse? The shareholders of this Company. Who gets stuck with the tab? The tax paying citizens of North Carolina.
I'd image that over the long run, that company's income tax is going to more than make up for any bribes the government paid.
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