Me thinks you give the Execs too much credit for due diligance. While agree with the above, way too times have I seen top execs make major decisions like moving, closing a plant etc, based a personal issue and then set the team about justifying it.
Toyota’s factories are there. For execs with ‘residence’ there, they’ll be out of Cali’s 10.3% tax rate, etc. Where else would they have gone?
IMO, the political grease and incentives to build stadiums, move plants etc, is a leading source of corruption in our government.[/quote]
Yes! We were discussing this today with some friends and the issue of bribery and corruption came up. All of the states are competing to see who will give the greatest incentives to companies that already exist. That’s bribery (and, possibly, a form of corruption, IMO). It’s not like Texas is *creating* any jobs, they’re just stealing them from other states, and have teams of lobbyists and politicians who are visiting other states with the sole intention of taking jobs from one state and moving them to the next. This is not productive, and it is not creating anything.
Not sure why any state would want to brag about these “accomplishments.”
