National Post –
Missouri lawmakers kicked off a colorful debate this week over a series
tax credits aimed at courting the final assembly of Bombardier's
yet-to-be-launched CSeries aircraft.
The state Senate spent several hours Wednesday debating the incentive program that would see up to $40-million a year in tax credits awarded to Bombardier if it moves the final assembly of the 110-to-130 seat to a new factory that would be built near the Kansas City airport.
In exchange, the state would see the 2,100 jobs associated with the assembly move there and would share in the proceeds of each plane assembled there.
However, not everyone is a fan of the plan, according to a report in the Kansas City Star.
Sen. Matt Bartle
compared the incentive package to “Western European socialism” and said
it wasn't up to the state to play Warren Buffet, according to the
report.
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