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Re:GE will move headquarters to Boston by mc32 on Wednesday January 13, 2016 @05:23PM (#10898082)
It's not the 800 but the other things that those 800 bring and represent.

What do you propose to do? Forbid them from moving to MA, forbid MA from attracting employers? Maybe just allow them to move to Geneva or Dublin.

Re:GE will move headquarters to Boston by gherkin0 on Wednesday January 13, 2016 @05:46PM (#10898257)
There's a third option: forbid states and municipalities from offering incentives to individual organizations like this.

If the company wants to move to a location (or stay at one) to be there, fine; but it shouldn't move (or stay) because that location gave it the best bribe.

Re:GE will move headquarters to Boston by mc32 on Wednesday January 13, 2016 @09:10PM (#10899186)
It's an incentive, not a bribe. No one is secretly getting money illegally.

I think governments should be able to make a calculus as to whether something like this will benefit their constituency.

This is not PR or high profile loss leader or trophy white elephant or other gimmick like the olympics or new stadiums. This is a bet on the company improving the local economy attracting other employers, competitors, increasing competition for employees, etc.

If I lived in MA I'd be all for this, just like SF bet on twitter reviving mid-Markt street --which it has.

Re:GE will move headquarters to Boston by wavefunction on Wednesday January 13, 2016 @05:37PM (#10898174)
They can't afford Geneva, Dublin more likely. As for your RFP: just don't do anything. You want to move here? Welcome. You don't. No big deal.

That's $181,250 per employee in tax-benefits. I'd be interested to hear what you think those 800 people "bring and represent" other than another screwing of tax-payers for the benefit of corporations.

Re:GE will move headquarters to Boston by ChrisLomont on Wednesday January 13, 2016 @05:52PM (#10898299)
800 probably well paid employees, that buy houses, who pay property tax, who pay local income tax, who pay for local restaurants, entertainment, and other items, a company that will hire from the local region, that will need services and provide revenue for many other local businesses.

And this is just after 3 seconds thought. Another 3 seconds will likely reveal more.

Re:GE will move headquarters to Boston by s73v3r on Wednesday January 13, 2016 @06:19PM (#10898447)
Another 3 seconds will reveal that your thinking is similar to the justification used for spending public money on stadiums, and giving tax breaks for movie filming. Both of which have been proven to have negative effects on the local economies.
Re:GE will move headquarters to Boston by s73v3r on Wednesday January 13, 2016 @06:13PM (#10898420)
Forbid them from giving sweetheart tax deals. Which is NOT forbidding them from attracting employers.