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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (438493)12/5/2008 2:24:51 PM
From: Joe NYC  Read Replies (1) | Respond to of 1574061
 
Ted,

So subsidies are okay for Mercedes but not okay for an American company. Why?

it is for any company. If a company is considering investing substantial amount in a state, state can give some incentives to do so, to lower their cost of investment. These incentives are in forms of free land, infrastructure, tax rebates, or possibly even outright cash grants. That's how things are done.

Joe