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by hprotagonist 2674 days ago
foxconn made very similar promises in wisconsin. that worked out really poorly indeed.

GE made similar promises in boston. that’s worked out really poorly indeed.

1 comments

And amazon's incentives were tied to the number of jobs and how much they paid.
so were GE’s.
So how did Boston get fleeced? (genuinely curious, not overly familiar with the GE situation.)
kind of a slow moving crap fest. They’re going to repay some tax breaks, at least in theory, but we’ve dropped 160mil into renovations for a site that probably will never happen.

https://www.universalhub.com/2019/ge-give-back-87-million-ta... , https://www.universalhub.com/ge has a long running chronology.