Wednesday, June 17, 2009

Muskegon's Johnson Technology adds 74 positions

Muskegon's Johnson Technology adds 74 positions
"the Michigan Economic Growth Authority board approved a state tax credit valued at $2 million over the next 12 years. The city of Muskegon is expected to consider a property tax abatement for the company....
The 74 direct jobs at Johnson Technology are expected to create another 93 indirect jobs, according to state estimates."

Ummm, they haven't added 74 positions, they've promised to add 74 positions over the next 12 years. It's pretty clear that would have happened anyway.

And doncha love the "93 indirect jobs" created! Those state estimators are really spot on!

Soon we're gonna hear about "indirect jobs saved". Guaranteed......

The $2+ million is a "tax stimulus". Imagine that!
Give a company a tax cut and they might hire new workers!

Too bad we got a giant pork spending bill instead of tax cuts to employers.

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