A smoldering opposition to incentives

Monday, November 10, 2003

Boeing is shopping around for a new location for the 7E7. And Washington State has delivered a fat package of incentives. In the process, the company has damaged its reputation with some Washington residents. Read more.

Meanwhile in Texas, the Texas Attorney General is trying to keep documents related to the Boeing deal confidential. A taxpayer has sued to try to get details on the incentive package that the state is offering Boeing. Read more.

All of these incentives are part of a $30 billion to $50 billion annual game the states are playing to recruit businesses. Much of it does not make sense. Take the case of the vacant United Airlines maintenance facility in Indianapolis. After $320 million in investments, the state is left holding the bag. Read more.

posted by Ed Morrison |

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