I hear you Bob when it comes to New York State's tax rate, and agree that as long as it is as high as it is, business development will be slow.
That said, the key to keeping tax rates low in a county, is drawing business to the county. Companies such as this, have an economic impact on the community.
The initial 168 workers add to tyhe tax base, even if they do not live in Genesee County, They will be buying gas, lunch and shop in our stores, I suspect most of those new positions however will be filled locally, more work, more spending more tax dollars, in the end, it meansless of a burden on Genesee County Residence, more tax dollars coming in without raising our taxes respectively.
Finally, we would not stand a chance of attracting these companies without such abatements, they simple would have located somewhere that would offer them.
Only exception would be if our Local Representatives start to spend like drunken sailors.
I say, save the fight for where it counts, moving the Harvard Professor back to Chicago.
$69,000 per job out of our tax dollars. Since it's factory work, I'm guessing that the majority of these jobs will be in the $22,000 to $35,000 range.
Don't talk to me about 2033, or even 2020. Call it corporate welfare, bribery, "stimulus" or whatever, the business climate in NY is so bad, I guess this is acceptable to most.
In most categories, NY has the highest tax rates in the nation. Until that changes, don't expect to see much growth at all.