The Canton Repository has new information about today’s Diebold announcement.  One is that the move very likely will cost the City of Canton significant losses in municipal income tax receipts.

The second throws even further doubt if they were ever serious about moving out of Ohio in the first place:

[T]he company told then-Governor Ted Strickland’s administration that “it was our strong preference not to leave.”

Again, how do we know that Diebold didn’t get an incentive package from either North Carolina or Virginia simply because that’s what is required under HB 58?

Enjoy the “free” Corporate World HQ!  Glad the State of Ohio under Kasich didn’t overreact.

 

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  • Anonymous

    Supposedly there WAS a Cincinnati company threatening to move that Kasich said no to because they suspected they were just seeking incentives.

  • Anastasjoy

    Why SHOULDN’T they seek incentives? Apparently, Kasich is going to transfer our tax dollars to any company that MIGHT move under some cloudy circumstances or move some jobs out of state. Frankly, I think this is nothing but directly payoffs to donors and supporters at OUR expense.

  • Anastasjoy

    Why SHOULDN’T they seek incentives? Apparently, Kasich is going to transfer our tax dollars to any company that MIGHT move under some cloudy circumstances or move some jobs out of state. Frankly, I think this is nothing but directly payoffs to donors and supporters at OUR expense.

  • Anastasjoy

    Why SHOULDN’T they seek incentives? Apparently, Kasich is going to transfer our tax dollars to any company that MIGHT move under some cloudy circumstances or move some jobs out of state. Frankly, I think this is nothing but directly payoffs to donors and supporters at OUR expense.

  • Adrienne

    They got all the politicians and judges in their pocket

  • Anonymous

    Interesting. Yesterday in Gongwer, Kristi Tanner, a top Kasich administration economic development official, was quoted as saying the expanded Job Retention Tax Credit they are seeking from the General Assembly would be used “only when a business remains in its current political subdivision”.

    So that talking point doesn’t seem to have even had a 24-hour shelf life before being proven false? Impressive.

  • TonyBuckeye

    If you look at this more closely, this project was probably covered by the same special legislation that gave American Greetings it’s job retention tax credit. That legislation does NOT require that the company stay in the current political subdivision. Imagine what would happen if American Greetings had to stay in Brooklyn for them to receive the credit. They can’t seem to run away from Brooklyn fast enough.

  • Anonymous

    There’s no question that the Kasich Administration added the incentives made in HB 58. And you’re both right. The Kasich Administration says their budget would change the law to require them to stay in the same political subdivision, but Bob Evans, American Greetings, and Diebold are not required to do so as it’s not presently required by HB 58.

  • Fotogirlcb2002

    I thought Mary Taylor was suppose to ease up the laws of red tape to keep them all here.
    All I have heard is –so much red tape and hoops to jump through to do business here in Ohio
    He says to many restrictions –result –give them Ohios tax payer money to stay here–its like a bonus — we know what those are –right? and yet theres no new jobs being created by these people staying here– has BE or American greetings or Diebold added any new jobs — better yet did they promise Kasich they would–NO
    I dont get any of this — its like buying a glass box –you see its empty but you pay top dollar for it anyway …?????????

  • Anonymous

    Well, Kasich has talked 3 companies – Bob Evans, Diebold, and American Greetings – out of moving away from Ohio – except that none of the 3 were actually considering moving away at all. This is job creation?

  • Corporate welfare, anyone?

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