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Friday, November 12, 2010

Harley: Cutting Jobs Better Than Tax Credits To Keep Them

In this article, it's reported that Harley-Davidson turned down $25 million in state tax credits to keep manufacturing jobs in Wisconsin.
Chicago Tribune Excerpt:
In a statement issued Thursday, Harley officials said the company declined the tax credits because its employment plans might not work with the state's terms.
Sure, the tax credits are honored only if Harley-Davidson would honor the technical requirements of Wisconsin's statute for job retention or growth. They could not make that committment for $25 million. But, H-D's decision should send a signal to state officials that cutting taxes and tax credit's for jobs are not worth the effort. They don't create or retain jobs.

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