What a joke.
So let's assume it is 50 jobs. That's almost a million dollars per job on average. Over ten years, it MIGHT be a break-even, assuming the state doesn't end up picking up the tab for a lot of infrastructure improvements. And a bunch of the taxes paid on the wages will be going to the Federal, not state gov't.
This whole thing is a race to the bottom, and since we have no national policy, it's not going to get any better. States would be better off streamlining the paperwork and taxes that small businesses have to pay, and making it possible for small businesses to form groups for negotiating health care (each state has a small business association, for example, use that) to get the rates down.
Almost every state and lots of cities do this - big breaks to certain (larger, well-connected businesses), even if there aren't going to be many local jobs, and they're indifferent to the businesses that employ the most people. Small businesses are the largest employer in this country, it's time that the policies reflected that.
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David McLeman
Tim Worstall
Chris Mellor
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