An unnamed corporation? Johns, Inc.? WTF? What will the state legislature do for $2 billion? Whores.
An unnamed corporation is considering investing at least $1 billion in North Carolina, a prospect so large North Carolina lawmakers signaled Thursday they are willing to change the way corporate taxes are calculated to give the company a break.The state Senate voted 40-7 to tentatively approve how corporate income taxes are calculated for big companies that invest heavily in land and equipment, but have relatively fewer sales in the state.
"We must be prepared and also be willing to do whatever is necessary to bring economic development and jobs to North Carolina," said Sen. David Hoyle, D-Gaston, the bill's primary sponsor. "None of us really like to pass these bills but the reality and (the competition) from other states, it just dictates this. ... We've got to rebuild the economy."
Read the rest of this Charlotte Observer article here.
Flight of the Concords "Prostitute Song." Say no to being a man-ho: