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<blockquote data-quote="hypo hanna" data-source="post: 1305118" data-attributes="member: 42600"><p>And that would be great of the job (a) materialize in the numbers promised, they often do not. (B), the jobs created came anywhere close in value to the tax incentives these companies extort from local communities.</p><p>Verizon, one of the most profitable corporations conned the city of Lockport NY out of a package deal worth 611 million dollars for 200 jobs. That is a cost of 3 million per job. Those jobs would have paid 50 to 85K. If that money were invested at 5% it would twice the benefit. Turned out even that wasn't sweet enough for Verizon. They managed to con another town out of an even better deal so they loaded up their gypsy wagons and rolled off down the road.</p></blockquote><p></p>
[QUOTE="hypo hanna, post: 1305118, member: 42600"] And that would be great of the job (a) materialize in the numbers promised, they often do not. (B), the jobs created came anywhere close in value to the tax incentives these companies extort from local communities. Verizon, one of the most profitable corporations conned the city of Lockport NY out of a package deal worth 611 million dollars for 200 jobs. That is a cost of 3 million per job. Those jobs would have paid 50 to 85K. If that money were invested at 5% it would twice the benefit. Turned out even that wasn't sweet enough for Verizon. They managed to con another town out of an even better deal so they loaded up their gypsy wagons and rolled off down the road. [/QUOTE]
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