Friday, March 23, 2012

Another waste of money

If these companies what to relocate to here so badly because it's such a great place to live and work then we shouldn't need to offer them any incentives.  I'd maybe be OK with giving incentives that are ONLY paid out AFTER being located here for 10 years and only if they actually hire the amount of workers that they promise; but these ones that give them tax breaks straight off are ridiculous!

Council votes to entice Apple with $8.6 million - YNN - Your News Now

These new hires usually come from out of town and they cause the housing costs to increase when they over pay for houses.  And the property taxes for homeowners just goes up to offset the tax breaks given to the companies.

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