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Sunday, August 30, 2009

Mercury Marine: Never Waste A Crisis

No question this has been going on for years. But I've rarely seen such a blatantly direct approach to extort funds from the government.
Examiner Excerpt:
July 27,2009 -- "The State of Wisconsin cannot afford stand by while a major corporation commits an act of economic extortion in its own backyard," said IAM Business Representative Russell Krings. "Mercury Marine has benefited for decades from state and local tax incentives and public support. They cannot be allowed to use the current economic crisis to pit one small community against another for the privilege of their presence."
Took the words right out of my mouth. But...
FDLReporter Excerpt:
Aug.30,2009 -- If Mercury Marine accepts local government's incentive package to keep its headquarters in Fond du Lac, a county sales tax would likely be imposed for the first time to help pay the costs.
Ahhhh...free enterprise at its best.

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