Polaris Industries Inc. will receive $80 million in combined state and city subsidies for its new plant in Huntsville, Ala. View the article here: http://www.startribune.com/business/288292431.html.
The Alabama spokesperson described the subsidies as ‘perks and tax breaks’. We all love perks. I even looked it up in the dictionary: Extra money, privileges, fringe benefits, you get the point.
First Polaris leaves Wisconsin and heads to Mexico. Now this iconic manufacturer is leaving the Midwest and heading south to Alabama. Why? They were stolen. At taxpayers expense.
Why do we the taxpayers continue to pay exorbitant amounts in support of this tangled web of large-scale government economic development? We all know the facts: 98% of jobs in this country are tied to small and medium-size businesses. For this reason I have consistently posited that if we are going to have government economic development programs they should focus on small and medium-sized businesses.
Per the article, Polaris looked at scores of sites before selecting Alabama. I wonder what their most significant criteria was? Perks. At the taxpayers expense. Doled out to another large corporation sporting influence and control and pitting one state against another.
What if that money had gone to developing 20 sites for 20 small businesses instead of one large corporation?
Think about it and give me your feedback.