The ads went "keeping the hot side hot and the cool side cool".
That's what comes to mind when another business leaves the blue state of Ohio for the business friendly confines of red state Georgia.
NCR Corp. will move its corporate headquarters and 1,250 jobs to Duluth, Ga., from Dayton, an NCR source has told the Atlanta Journal Constitution.“This is a big, big deal,” said the source, whom the Journal Constitution, a sister newspaper of the Dayton Daily News, did not name Monday night, June 1.
Word of the move came a few hours after Ohio Gov. Ted Strickland, in a letter to NCR Chairman and CEO Bill Nuti, offered NCR $31.1 million to continue its operations in Ohio. Full text of Ohio's offer
The source told the AJC the $31.1 million offer from Strickland was too late.
“We did not receive that offer until this evening... it pales in comparison to what Georgia is giving,” said the source.
I'm just guessing that it's not all about incentives. The big dogs at NCR can see a friendlier corporate tax structure in Georgia FOREVER (ie CAT tax). In addition, that's where the boys are; meaning that's where are smartest and brightest workers are heading.
HT Bizzyblog
1 comment:
Why cant the dems just get it? The states where the taxes are the lowest have the least financial problems. Can they not see it's because businesses thrive in low tax districts? When a business thrives, its kicking out more tax revenue, even at the lower tax rate, than a struggling business does at a high tax rate.
Detroit and it's high taxes and "progressive" labor practices sucked every ounce of blood from the GM carcass. Now it's dead and paying reverse taxes in the form of bailouts. When will the libs stop being so ignorant and look at the big picture?
Post a Comment