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Iowa spent $50 million to lure IBM. Then the firings started.


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#1 BlueMound

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Posted 19 May 2015 - 12:16 PM

A cautionary tale about doling out tax breaks and other incentives.


http://www.bloomberg...firings-started

#2 cjyoung

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Posted 21 May 2015 - 02:05 PM

Not surprising. I think it's ok to provide incentives, but that is just ridiculous. Investing that money in research at the University of Missouri or Iowa might offer a better ROI.






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