Crony Capitalism – Massachusetts, Boston offered GE $145 mln in perks to move—governor – Yahoo Finance
The state of Massachusetts offered diversified manufacturer General Electric Co $120 million in grants and other financial incentives to persuade it to move to Boston, with the city kicking in another $25 million in tax relief, officials said on Wednesday. City and state officials regard the move as the linchpin of an effort to redevelop the city’s southern waterfront, which has transformed from acres of parking lots to a massive construction site with about a dozen office and apartment towers under construction.
What are your tax cuts Americans?
I refer you to this post: http://www.libertyflash.net/ceo-visits-to-the-white-house-which-corporations-own-and-influence-obama/
Federal, state, or local, GE is one of Amerika’s top crony capitalists.
corporate welfare, crony capitalism at work in massachusetts, ge crony capitalists