Friday, September 17, 2010

Extortion

State offers $25 million in tax incentives to Harley

Harley-Davidson Inc. (HOG) will get $25 million in state tax credits for keeping its factories in Wisconsin, the Department of Commerce said Friday.
The incentives are aimed at preserving more than 1,000 blue-collar jobs in the Milwaukee area and Tomahawk. They come four days after Harley employees ratified seven-year labor agreements laden with concessions but meant to keep production work in Wisconsin.
Harley had threatened to pull production out of the state if it could not get favorable labor contracts.
Other states lobbied to get the company's factories, offering generous incentives and lower labor costs.

Extortion.

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Waukesha, Wisconsin, United States
Of my biblical allotment of three score and ten I have lived only three of them more than a bicycle ride from one of the Great Lakes. I'm a "somewhat combative pacifist and a fairly cooperative anarchist," after the example of Grace Paley (1922-2007). I'm always cheerful when I pay my taxes (having refused--when necessary--to pay some portion of them). And I always, always vote.