4 ms·
The title was altered by the submitter. "Kickback" isn't a word Apple or the NC .gov would touch with a 10ft pole. It appears nowhere in the article. I suspe
by throwaway0a5e 6y ago
The title was altered by the submitter. "Kickback" isn't a word Apple or the NC .gov would touch with a 10ft pole. It appears nowhere in the article. I suspect it was altered that way to promote exactly the reaction you had.
- La1n 6y agoDoes it matter that they say kickbacks when the article implies it is? >These payments are recouped from the income taxes Apple’s new employees would normally pay to the state.
- dariusj18 6y agoWhat confuses me is the wishy-washiness of "would normally pay to the state". Are they not paying the money to the state?
- lsy 6y agoFrom the North Carolina Dept of Commerce: “JDIG grant payments are determined using a formula that takes into consideration the new taxes generated by the new jobs that are created. A percentage of those newly generated funds are reimbursed to the awarded company, for the limited term of the grant and as long as the company meets its performance target.” I’m not really worried so much about the nomenclature used, but the principle of reimbursing my taxes to the company makes me uncomfortable.
- piva00 6y agoIt smells of state funding with a bunch of extra steps...