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April 30, 2008

Check Under the Hood This Time

tnflag.jpgCity Paper reporter John Rodgers makes a smart suggestion:

In a speech to the Nashville Area Chamber of Commerce today, Gov. Phil Bredesen said ECD Commissioner Matt Kisber's "pipeline" is full of companies looking to move to Tennessee, "including some really, really big ones."

Hmm. Watch out for the incentives included in the so-called "technical corrections bill" that's up for debate.

He's not the first to make that recommendation. Though I must say, if amid a major revenue shortfall, spending cuts and state employee layoffs Gov. Bredesen tries to slip another huge giveaway to a corporate entity past the legislature via the "technical corrections" tax code legislation, the way he mislead the legislature into unknowingly writing a $64 million check to Nissan a few years ago, all hell ought to break loose, politically speaking, and I suspect it would.


Comments

Of course all those companies want to move here. Tennessee is now known as the corporate welfare state.

Posted by: Donna Locke at May 1, 2008 11:03 PM
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