Wednesday, July 20, 2011

Hillsborough County Corporate Welfare

Hillsborough County may pay a financial services firm more than $1 million partly to help it add workers, but partly just to stick around. If the company takes the money, it could set a new precedent for the county that - potentially - would encourage other companies to seek money for retaining workers. Traditionally, the county has given incentives for creating new jobs or luring new companies to the area.
Tuesday morning, Hillsborough County Commissioners approved offering an unnamed company

an economic incentive package worth $1.2 million.
here
Now we have to pay for the right to work.
Extortion (also called shakedown, outwresting, and exaction) is a criminal offence which occurs when a person unlawfully obtains either money, property or services from a person(s), entity, or institution, through coercion.....Wikipedia

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