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this post was submitted on 25 Sep 2025
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If they didn't give out tax credits then they would receive that amount in taxes. From the government's point of view tax credits are a reduction in revenue.
I don't think 10% fewer tax credits would have made the difference of the factory being built or not. VW has plenty of money to pay taxes.
The whole point of the tax credits was to convince them to bring the business here in the first place.
Decrease the tax credits by 10%, sure. The business goes elsewhere to build their factory, what's 10% of $0?