soonerproud
Golden Member
- Jun 30, 2007
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Originally posted by: bctbct
We're talking about 100s of million in tax breaks these days. I think it was Toyota who received a sweet heart package from Georgia I think, that would pay all salaries for approx. 3 1/2 years.
Manufacturers are looking for a rural area, no competition, employees happy with 11-12 bucks per hour. They want tax payers to foot a large portion so they can boost profits.
None of the links provided proved that incentives were the only motivating factor in Industry moving to a particular state. As I stated earlier, labor cost is the biggest factor in any decision of a company to locate somewhere. You also have to add in the cost of training, building, property, tax rates and transportation cost. Incentives offered by cities and states are designed to help off set some of those cost.
Now if you would read the previous post I made, you would find that Oklahoma excels in all of those areas, making it attractive to business. Our biggest increases in businesses to the state happened in 2005-2006 after Right to Work passed. All the other factors were already in place prior to that.