Megadeal

Wow! Boeing Asks for End of Washington State Subsidies

Boeing Corporation has requested that the state of Washington stop providing it with tax breaks that the World Trade Organization (WTO) has on multiple occasions ruled to be an illegal subsidy under the Agreement on Subsidies and Countervailing Measures.

Is Foxconn a Con?

It’s common for governors to stage publicity events to announce major job-creating investments in their state. This allows them to take implicit credit for a project that was probably helped along with tax breaks and other financial giveaways. When it came to the Taiwanese company Foxconn’s plan to build a $10 billion flat-screen plant in Wisconsin, the hype was taken to a new level.

05/29/2015

By Jerry Hirsch May 30, 2015

Los Angeles entrepreneur Elon Musk has built a multibillion-dollar fortune running companies that make electric cars, sell solar panels and launch rockets into space.

And he's built those companies with the help of billions in government subsidies.

Supported By a Megadeal, Volvo Choses South Carolina

Swedish automaker Volvo has chosen South Carolina over Georgia and North Carolina for its first car-making facility in the United States. A hefty subsidy package of more than $200 million helped the state close the deal.

05/05/2015

By Danny Westneat May 6, 2015

I'm getting a complex about Oklahoma City. They keep stealing our stuff.

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By A. Barton Hinkle, March 30, 2015

America’s biggest welfare queen is someone you’ve probably never heard of. She’s Hispanic. She’s been living off other people’s hard-earned tax money for years. And she’s gotten rich doing it.

By Dominic Gates, March 29, 2015

Corrine "Cookie" Peterson, a 72-year-old widow, arrives at AIM Aerospace's manufacturing plant in Sumner at 6:30 a.m. to assemble ventilation ducts for Boeing jets.

By Curtis Tate March 17, 2015

Boeing is the biggest winner of state and local tax incentives, receiving more than $13 billion of them, according to a nonprofit watchdog group that tracks the subsidies.

By Reid Wilson Sept. 25, 2014

Last October, representatives from Tesla reached out to economic development officials in a handful of Western states with an enticing offer: The company, which manufactures luxury electric vehicles, needed a new site on which to build a massive factory to produce lithium ion batteries. The facility would cost about $5 billion to construct, and it would employ about 6,500 high-tech manufacturing employees.