Quote:
Originally Posted by BrianTH
I don't particularly like the fact we give all sorts of tax breaks which are not available to smaller companies in industries with less powerful lobbyists, but that's the way things work in this state (at least for now).
The AVR plan still needs federal funding. We are stuck right now without a real federal transportation bill--maybe one will finally get passed, but I'm not all that hopeful for that happening in the remainder of this Congress.
Edit:
An article going over what we discussed above about the importance of the downstream and supply chain companies to the cracker issue:
http://www.pittsburghlive.com/x/pitt.../s_778969.html
The thing is, the Pittsburgh region can get a large chunk of all that even if the cracker happens to be across the border in WVa or Ohio. |
Before this bidding war is over, Shell will end up paying a big fat ZERO dollars in total taxes (income, property, sales, etc...) for the life of this thing, will probably have zero environmental regulations to follow, and hell, might just have the road to the cracker paved with 24 carat gold leaf!
But seriously, the entire region should benefit from the companies that will locate here precisely because of such a plant's existence. Let's just hope that these companies don't attract the same type of bidding wars, or else, as usual, the taxpayers of all three states (PA, OH, WV) will end up permanently subsidizing big business. What else is new, eh?
Aaron (Glowrock)