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Greensboro, Winston-Salem, High Point The Triad Area
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Old 02-06-2018, 04:53 PM
 
Location: Danville, VA
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Quote:
Originally Posted by BC1960 View Post
Interesting. NC used some very creative accounting. $565 million of the $1.6 billion is not cash to the company, its an estimate (by NC) of the state tax savings the company would realize by locating in NC versus the average taxes due from AL, AR, TN and SC. Cash to the company from the state is $463 million (with $200 of that subject to General Assembly approval), plus another $100 million(!) in property tax rebates from Randolph County.

So NC's incentive package really wasn't as large as initially reported, nor was it much larger than Alabama's. Color me not surprised.
No surprise from me either.
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Old 02-06-2018, 05:24 PM
 
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Originally Posted by LM117 View Post
No surprise from me either.
Thanks for posting that link, btw.
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Old 02-06-2018, 08:32 PM
 
Location: Danville, VA
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Originally Posted by BC1960 View Post
Thanks for posting that link, btw.
You're welcome.
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Old 03-16-2018, 03:26 PM
 
Location: Danville, VA
4,606 posts, read 3,022,959 times
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Cooper team traveled to Japan in failed bid for Toyota-Mazda plant :: WRAL.com
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