Kasich Says State Is Offering Fewer Tax Breaks To Lure Companies
December 17, 2012
by Karen Kasler
Statehouse Bureau Chief, Ohio Public Radio and Television
Almost exactly a year ago, a major retailer announced that it was rejecting Ohio’s offer to come to the Buckeye State. Now the governor suggests that Ohio is backing off on using tax credits to lure in companies. Last December, Ohio was in the midst of a competitive campaign to bring Sears Holdings to Ohio from Illinois. The state had offered an package to lure in Sears that was reported to be in the hundreds of millions of dollars.
But while Gov. John Kasich said he would love to have the retailer in Ohio, there would be no bidding war to secure it.
READ MORE: http://wosu.org/2012/news/2012/12/17/kasich-says-state-is-offering-fewer-tax-breaks-to-lure-companies/