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

To: tejek who wrote (696291)	1/31/2013 1:06:36 AM
From: i-node	1 Recommendation Read Replies (1) \| Respond to of 1572157

>> I have posted those studies on this thread.... You're the one who claimed you know of such "studies". If I can't find them with Google, I'm quite sure they can't be found with the limited capability of the SI search facility. >> From my experience the states that give the most incentives tend to have the most people in poverty. Therefore, I think its fair to conclude that providing incentives for industry relocations mostly benefits a small portion of a state's population. Your experience and a dime will buy a cup of coffee. You don't know shit about this topic and you know that. Practically every state provides incentives. But your view of which states are rich vs. poor is very confused. While Arkansas uses incentives a lot, so do CA and NY, as well as TX. This is way over your head, but the effectiveness of the incentive depends on how it is structured, what type of business it is, and in most instances, who is applying for it. I once worked with a black farmer who had a couple million more in debt than his collateral was worth, made marginal income on an annual basis, and the state capital enterprise agency was throwing money at him. I went to the same agency with a company run by a white guy who made more money, no debt, and a great product, and they turned him down flat. So the decisions aren't always good ones. For the most part, the large corporate incentives totally make sense and yield decent results. Walmarts often get concessions to locate in a particular place and there is no doubt the local economies are hugely helped by it. Harrahs got a property tax waiver to put a casino at Canal & Convention in New Orleans; no one in his right mind would argue that was a bad idea. Let me know when you find those links.