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Michigan and Texas have alot in common. Lower education funding, low test scores, steal from the poor give to the rich, unhealthy population. When water becomes as valuable as oil Michigan will be the same as Texas.
No. Michigan and Texas have almost nothing in common.
Michigan = union friendly. Texas = not union friendly.
Michigan = higher crime. Texas = lower crime
Michigan = few Hispanics. Texas = more Hispanics
Michigan = income tax Texas = no income tax
Michigan's largest city declining in population. All Texas cities growing in population
Michigan unemployment rate = 9%, Texas = 5.5%
Michigan state/local tax burden = 9.6%, Texas = 7.5%
Michigan per capita income = $45,981, Texas = $49,392
That is the title. There is TEMA and TMS. TEMA is manufacturing and engineering, TMS is Toyota motor sales.
I get my "buzz" from the admins at the Mississippi plant, not the guy on the bus or the vets in the waiting room at the VA.
The on-line article refers to it as Toyota Motors Engineering & Manufacturing.
If you don't like, take it up with these clowns...
I don't like incentives like this - but it is an unfortunate part of states competing for companies.
Okay.
State competition is good, but not as presently structured.
I've always advocated a federal law -- even an amendment -- that creates a level playing by barring any State or lower level government from offering any form of incentive.
How then would States compete? How do States, counties and cities lure "jobs" if they cannot offer property tax abatement for 20 years and income tax, payroll tax or other forms of tax abatement or rebates?
Try good government.
I'm going to locate my facility where security, safety, emergency services, drinking water, sewage and garbage removal and maintenance of infrastructure are best.
Plus lots of green space, quality public and private schools, low taxes, access to entertainment venues and other things which enhance quality of life.
How do you get those things?
Good government.
How do you get good government?
The people have to elect it.
Hell, I can teach a chimpanzee to offer tax incentives.....that's no challenge at all. The real challenge is good government creating an environment where people want to work and play.
Quote:
Originally Posted by Ponderosa
Texas paid 40 million dollars toToyota to kick 4000 hard working people in California out of their jobs, pull them away from their kids schools, their aging parents, their friends and their families. It's business, I know. So it is alright.
Quote:
Originally Posted by Michigantown
California(-3,000) + Kentucky (-1,000)+Texas(4,000)= 0 net gain (USA)
Okay.
Just wait 20 years until Toyota moves across the border to Mexico....
No. Michigan and Texas have almost nothing in common.
Michigan = union friendly. Texas = not union friendly.
Michigan = higher crime. Texas = lower crime
Michigan = few Hispanics. Texas = more Hispanics
Michigan = income tax Texas = no income tax
Michigan's largest city declining in population. All Texas cities growing in population
Michigan unemployment rate = 9%, Texas = 5.5%
Michigan state/local tax burden = 9.6%, Texas = 7.5%
Michigan per capita income = $45,981, Texas = $49,392
America isn't union friendly
Texas has a higher crime rate
Texas makes up for it in sales and property tax
Michigan's unemployment rate is 7.5%
Give Michigan some oil and see how it looks.
Our governor has been trying to steal jobs from other countries instead of states though.
Why did Texas get this instead of Alabama or Tennessee or Mississippi?
Maybe the overall quality of life Toyota wanted for its employees. Maybe the local labor pool is more skilled.
It wasn't the weather.
Just guessing.
So, then, it's fair to say that "if you lower it (taxes), they will come" is not some kind of universal truth? I never believed that it was. Texas just does a better job at subsidizing employers than CA does, simple. to be honest, I'd rather there was a federal program that would do this, to poach jobs away from China. So, why are we arguing about shifting jobs (let's not kid ourselves, no jobs are being created) when we should be taking jobs away from China? This is how a high cost country, like Germany, is able to have such a large manufacturing sector relative to population, while having some of the best workers' benefits in the world. They don't do race to the bottom like we do
America isn't union friendly
Texas has a higher crime rate
Texas makes up for it in sales and property tax
Michigan's unemployment rate is 7.5%
Give Michigan some oil and see how it looks.
I always love Texans touting how low their tax rates are. They have some of the highest property taxes in the entire nation. 90% of the state doesn't, but that 90% is hours away from a major metropolitan area.
America isn't union friendly
Texas has a higher crime rate
Texas makes up for it in sales and property tax
Michigan's unemployment rate is 7.5%
Give Michigan some oil and see how it looks.
Our governor has been trying to steal jobs from other countries instead of states though.
My tax figures were for all state/local taxes, which include income, property, and sales taxes. Michigan taxes each person much more than Texas does. Since per capita income is lower, there is less money after taxes to spend on living.
For 2012, Michigan had 454.5 violent crimes per 100,000 and 7.0 murders per 100,000
For 2012, Texas had 408.6 and 4.4.
I always love Texans touting how low their tax rates are. They have some of the highest property taxes in the entire nation. 90% of the state doesn't, but that 90% is hours away from a major metropolitan area.
Texas property tax RATES are higher than most parts of the country. But since the property values are generally lower, the actual $$ paid for property taxes aren't as high as some think. Just look at IL, CT, NJ, etc whose property taxes ($$) and rates (%) are higher. Add their income taxes and it just gets worse and worse.
My tax figures were for all state/local taxes, which include income, property, and sales taxes. Michigan taxes each person much more than Texas does. Since per capita income is lower, there is less money after taxes to spend on living.
For 2012, Michigan had 454.5 violent crimes per 100,000 and 7.0 murders per 100,000
For 2012, Texas had 408.6 and 4.4.
So, then, it's fair to say that "if you lower it (taxes), they will come" is not some kind of universal truth? I never believed that it was. Texas just does a better job at subsidizing employers than CA does, simple. to be honest, I'd rather there was a federal program that would do this, to poach jobs away from China. So, why are we arguing about shifting jobs (let's not kid ourselves, no jobs are being created) when we should be taking jobs away from China? This is how a high cost country, like Germany, is able to have such a large manufacturing sector relative to population, while having some of the best workers' benefits in the world. They don't do race to the bottom like we do
If you lower taxes, that is one part of the economics, correct?
A business looks at the whole picture. Labor quality, labor costs, quality of life for its labor, transportation, general regulatory climate etc.
A federal program to poach jobs from China wouldn't subsidize the jobs - that means they have to take money from taxpayers. The simpler approach is to make Chinese goods expensive.
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