Sunday, December 9, 2018

A Better Mount Pleasant sends:

Foxconn will receive refundable tax credits for the jobs they create - 
actual cash from the state which is estimated to be at least $200,000 
per job. 
Under this new provision, WEDC will perform "spot-checks" to determine 
if they and other companies are actually creating the jobs they 
promised to create. 
One Republican State Senator voted no, saying: "How can we know 
whether the (job-creation programs) work or not?" he added. "Where the 
contract (between the state and company) says there will be 10 jobs or 
20 jobs or whatever it might be, well, we ought to know." 
Another Republican State Senator who voted yes on the bill, said he 
didn't know this provision was included in the bill and was never 
discussed in committee. 
What could possibly go wrong?

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