There is no extortion here. The position might be unwise, but it's not illegal. It's a negotiation, and walking away is always an option. Put another way, if

There is no extortion here. The position might be unwise, but it's not illegal. It's a negotiation, and walking away is always an option. Put another way, if it was real extortion, other states would certainly not be welcoming the company to come hither.