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In the mix with this are the tax incentives that are being offered up for tech companies to move into rural areas. While there has been a lot of attention on HN
by michaelbuckbee 8y ago
In the mix with this are the tax incentives that are being offered up for tech companies to move into rural areas. While there has been a lot of attention on HN focused recently on Amazon's and Apple's move, the really interesting one to me is Foxconn.
Foxconn really seems to have suckered a small Wisconsin community (and the state) into giving them an incredibly lopsided tax incentive deal - as detailed in this amazing episode of ReplyAll [1]
I think a far smarter idea is to pay tech workers an incentive to relocate to the state, as Vermont is doing [2]. The payback is quicker and the results far easier to scale.
1 - https://www.gimletmedia.com/reply-all/132-negative-mount-pleasant#episode-player https://www.gimletmedia.com/reply-all/132-negative-mount-ple...
2 - https://www.nytimes.com/2018/06/01/us/vermont-moving-money.html https://www.nytimes.com/2018/06/01/us/vermont-moving-money.h...