These comments make me laugh, states don't give money to corporations to open a plant in their state, they only lessen some of the taxes they would have normally collected, because they know if the company decides to go elsewhere, the state gets nothing.
Just like a store coupon isn't welfare, it's being competitive, enticing corporations is also being competitive. We live in a world market now, and these companies can open up anywhere, so we better be competitive.
A state agrees to reduces some taxes:
- The state wins because they collect taxes they wouldn't have gotten, from the company and the employees.
- The residents win because more jobs available drives up wages.
- The area businesses win by supporting the corporation..
And yes the corporations win, but corporations are nothing more than money reservoirs; money comes in and then goes right back
out to either build the company up or as dividends, both of which makes money for stock holders, which could be you without you even know it,
if you have a 401K, Roth, or any other type of multi-fund stock.