Quote:

Obama: Taxpayers Paying $73,000 Per Job Saved at General Motors ! http://pilogic.net/2012/01/28/update...rs-37-billion/

Quote:

Romney: One of his (Massachusetts Governor Romney *) biggest wins came near the end of his term in 2006, when Massachusetts won a bidding war with other states, convincing pharmaceutical giant Bristol-Myers Squibb to build a $750 million plant at the former Fort Devens army base. Romney touted the victory at a press conference, saying the state, with approval by the Legislature, had offered $60 million in incentives to the company to build its plant in Massachusetts, where it would eventually employ as many as 550 workers. But records show the state only required Bristol-Myers Squibb to hire 350 workers to receive the tax breaks. And less than two months after Romney left office, MassDevelopment, a quasi-public development agency led by a Romney appointee, finalized an agreement reducing Bristol-Myers Squibb?s property taxes by more than $40 million over 20 years, bringing total incentives to more than $100 million. The deal provided one of the biggest tax incentive packages in state history. And it meant that the state would ultimately pay about $250,000 for each of the 400 jobs that exist at the plant today. http://www.boston.com/businessupdate...h2M/story.html

Now figure the income tax recapture time on the respective job initiatives ...

The jobs at Bristol-Myers Squibb may pay more but the current tax cuts reduce the revenue cash flow back.

It's less expensive to save jobs than to create them?