Pete writes “This article http://www.theregister.co.uk/2005/06/23/dell_nc_s
from The Register again raises that age old question of whether government spending is an “investment in economic development” or “pork”?
“A watchdog blasted Dell and the North Carolina today in a lawsuit aimed at rolling back huge incentives designed to lure the computer maker to the state.
Robert Orr, executive director of the North Carolina Institute for Constitutional Law (NCICL), alleged that Dell used fear tactics and unfair bargaining to win $240m in tax credits from North Carolina and another $37m in local subsidies from the city of Winston-Salem and Forsyth County. The state and local bodies hoped such perks would entice Dell to build a new PC manufacturing plant in North Carolina – an area punished a loss of manufacturing, textile and farming jobs. NCICL filed the lawsuit on behalf of seven individuals who want a court to decide if using tax revenue to fund such grants is constitutional.””
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