Posts Tagged ‘tax incentive’

May
2016
4

Now We Know: Total Boeing Tax Breaks Cleared $300M in WA Without Hiring, Retention Requirements

Now We Know: Total Boeing Tax Breaks Cleared $300M in WA Without Hiring, Retention Requirements
  For the first time, the size of the aerospace tax incentive that went to Boeing in 2013 has been made public, revealing $305 million in state taxes that were waived last year.  The numbers come from a required filing with the state’s Department of Revenue.   The Seattle Times was successful in overturning a [&hellip...
May
2015
7

Egyptian Co. Takes $500M Tax Incentive from Iowa, Lays Off 1500 Union Workers

Egyptian Co. Takes $500M Tax Incentive from Iowa, Lays Off 1500 Union Workers
  Iowa legislators and union members are seeking answers after Egypt-based Orascom laid off 1,500 union workers on a $1.8 billion fertilizer plant construction projecty that received nearly $500 million in tax incentives.  The layoffs took place on April 18th. Union leaders and representatives have since tried to meet with the company....
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Oct
2014
30

Go Figures: WA Panel, Unions Want Boeing Held Legally Accountable for Tax Incentive Abuse

Go Figures: WA Panel, Unions Want Boeing Held Legally Accountable for Tax Incentive Abuse
  In Washington state, the five members that make up the Citizen’s Commission for Performance Measurement of Tax Preferences has voted in favor of a tangible legal mechanism to ensure big company tax incentives pay off.  The vote by the little-known panel is in direct response to Boeing’s decision to move jobs out of state [&hellip...
Oct
2014
28

Harrisburg Mayor Wants Tax Incentives Tied to Prevailing Wages, Minority and Female Contracting

Harrisburg Mayor Wants Tax Incentives Tied to Prevailing Wages, Minority and Female Contracting
  In Harrisburg, Pennsylvania, a public hearing about the possibility of offering property tax abatements to developers quickly became a call to ensure that construction jobs created by the move would pay prevailing wages and include female and minority contractors.  In order to spur job growth and promote the development of the city, Mayor...