[BobNJ1960]

Originally Posted by MrGompers

The truth probably lies somewhere in the middle, but I would eliminate gun manufacturers from the debate as they moved due to political reasons not economic reasons.

I still do not think that a company can find highly qualified and experienced employees to fill the roles of the company in the story (Lee Manufacturing) in Florida (which is the state she used in the interview) The northeast is loaded with these people not just CT.

They can try to move elsewhere and pay low wages, but if that was plausible they would have moved already. I haven't even begun to analyze the costs it would take to move a company especially one with huge physical assets that may be impossible to move. Any savings a company like Lee Manufacturing could realize would be eaten by the moving expenses alone.

This woman and the complainers like her are only bluffing.

Strum has produced high quality products for many decades in Arizona. My Southeast employers plants made precision products 50 years throughout the Southeast, which is loaded with terrific machinists, and high quality training programs to boot. We partially funded one such program.

As for moving expenses..LOL. That would be offset by the package of the state blessed by their new employer. Offset many times over. Unlike the state Lee is in, a new state would appreciate them.

Bluffing..LOL. Like GE hq or AETNA hq. Were they bluffing?

[MrGompers]

Originally Posted by BobNJ1960

Strum has produced high quality products for many decades in Arizona. My Southeast employers plants made precision products 50 years throughout the Southeast, which is loaded with terrific machinists, and high quality training programs to boot. We partially funded one such program.

As for moving expenses..LOL. That would be offset by the package of the state blessed by their new employer. Offset many times over. Unlike the state Lee is in, a new state would appreciate them.

Bluffing..LOL. Like GE hq or AETNA hq. Were they bluffing?

Yes they are/were bluffing. These companies (including Lee) wouldn't move without incentives. If they could move and save money they already would have moved. They are just playing CT against other states. The issue with incentives is once you give it out to one company every other company will come knocking looking for some too.

This is so obvious I don't know why I have to point it out. When "Medicare Scott" was in CT he wasn't offering "free sunshine and congested roads" as an incentive to move, because without incentives that's all Florida has to offer.

[BPt111]

Bridgeport announces spending, hiring freeze due to state budget - WFSB 3 Connecticut

[BobNJ1960]

Originally Posted by MrGompers

Yes they are/were bluffing. These companies (including Lee) wouldn't move [b]without incentives. .

getting those is easy

[Matrix2791]

Originally Posted by Robert137

I believe that state pensions will be paid and the state won't go "bankrupt". But some fairly major, long-term tax increases are in store.

Yeah that will work out really well......... So how much revenue did the state gain from the last two major tax increases????

[Wilton2ParkAve]

Originally Posted by Matrix2791

Yeah that will work out really well......... So how much revenue did the state gain from the last two major tax increases????

Exactly and stop viewing taxpayers as 'the safety net'.

[Sigequinox]

Originally Posted by MrGompers

The truth probably lies somewhere in the middle, but I would eliminate gun manufacturers from the debate as they moved due to political reasons not economic reasons.
....
This woman and the complainers like her are only bluffing. They want handouts, tax breaks, subsidized training, etc. Once again if these guys hate the Govt so much why are they trying to get help from the Govt ? What happened to all that boot strap talk ?

Come on now? Asking the penetrator to remove the object being used to actively sodomize you is not the same thing as "asking for help".

These are different times. Data is plentiful, information nearly instantaneous and many of the wiser states hungry for a place on the economic stage for Act II of the 21st century.

[BobNJ1960]

Originally Posted by Sigequinox

Come on now? Asking the penetrator to remove the object being used to actively sodomize you is not the same thing as "asking for help".

These are different times. Data is plentiful, information nearly instantaneous and many of the wiser states hungry for a place on the economic stage for Act II of the 21st century.

with tons of Relocation experts available to help corps compare offers from all states, assess them both financially and logistically, etc.

I know of a much smaller New Haven county mfg whose worst offer to move would add 3 million annually to net profit. They want to stay (privately held, extended family here), but now they are on the fence about it, and due to being private if they go, WARN report would be the first press release.

Like any other state, we compete for business. That includes earning their continued presence.

[BPt111]

Just sharing CT economic and population

https://www.theatlantic.com/business...cities/532623/

http://www.yankeeinstitute.org/2017/...ation-decline/

[RunD1987]

Connecticut was economically strong in the 80s. When the 90s hit it was greatly affected by changes in the market. CT faced budget issues and opted for income tax. The State was financially sound, but then it had a spending issue. Debt started to overtake money CT made. Bussinesses leaving doesn't have to do with taxes. CT is surrounded by 2 major cities that take bussiness away from the State.

Add in the increasing gap from higher income and lower income facing the Nation is profound in CT. State is a huge union supporter. State lies heavily on taxes. Small bussiness owners and middle class earnerrs are greatly affected.

State is in desperate need to repair it's infrastructure, but has little cash to do so.

State cuts vital services, but bloats up other State services in the State.

Rent price increases. Property tax has greatly shifted in major cities where low incone earners live. Can pay $6K or more on a $80K to $100K house. Towns with moderate tax rates have higher assessment values so it equals out.

Be great if they can make changes. Especially with encouraging growth of small bussineses. Less regulations with resident's and bussineses. Tax reform...maybe raise tax rate to a flat 7 to 8 percent tax income over $45 000 for 10 year's and then do away with income tax. Increase sales tax to 8%. With sales tax exemptions on restaurant, foods, packaged foods, and so forth. Special car sales tax in lieu of sales tax. A 4% car and boat sales tax. A 4% used sales tax on personal goods over $5,000 bought out of the State. Legalize marijuana and tax it. Electronic tolls in liue of gas taxes. Privatize State roads. Form County Governments or consolidate services between town's. State employees increase their contribution to pensions.

Do away with car tax caps. Offer exemptions for home owners to not pay car taxes.