- #1
member 5645
Paying a business to set up shop in your town...
Not quite WORLD, but a story anyways...
Locally,two cities in the area are paying Delta and Target Corporation $750,000 and $975,000, respectively, to set up businesses here.
Why you say?
Both companies label the area as a risky place of business for their model (population, income, tort problems, etc.) The money isures that the companies aren't all lost for setting up shop if it fails.
NOW, my question is why do the mayors in those two cities think they know more about these two companies chances of success in this area, than the companies themselves (who spend millions doing demographics studies)? Would you support this move?
Wouldn't it be better to put that money into other things, and inact laws that foster a better business climate? Rather than a pseudo bribe to get them here?
Not quite WORLD, but a story anyways...
Locally,two cities in the area are paying Delta and Target Corporation $750,000 and $975,000, respectively, to set up businesses here.
Why you say?
Both companies label the area as a risky place of business for their model (population, income, tort problems, etc.) The money isures that the companies aren't all lost for setting up shop if it fails.
NOW, my question is why do the mayors in those two cities think they know more about these two companies chances of success in this area, than the companies themselves (who spend millions doing demographics studies)? Would you support this move?
Wouldn't it be better to put that money into other things, and inact laws that foster a better business climate? Rather than a pseudo bribe to get them here?