Tuesday, September 11, 2007

Easley just couldn't stand his ground. Bend over, taxpayers.

Gov. Mike Easley has signed into law a compromise bill meant to give financial incentives of up to $60 million to two tire companies that will upgrade their North Carolina facilities.

The bill signed Tuesday is a compromise between Easley and legislators, who approved the incentives earlier in the day.
Click here to find out more!

The law would give cash incentives to companies with at least 2,000 full-time or contract employees willing to make a $200 million investment in a manufacturing facility over six years in a financially distressed county. The facilities of two tire companies - Goodyear Tire & Rubber Co. in Fayetteville and Bridgestone Firestone in Wilson - fit the bill.

Click here for the entire article.

I really despise corporate welfare.

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