From 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 j

From 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.