> In the real world, the state granting one person or business benefits not available to all is immoral <
Bingo!
> I wonder how many of Maestro Technology’s local competitors that didn’t receive the state $$$ will be laying off employees and/or closing their doors? <
Bingo again. I’ve read that giving tax dollars to sports teams for new stadiums usually does NOT help the local economy. It just shifts around money that are already there. The same could well be true when it comes to industries.
Granting a “tax credit” is a concession that taxes for everyone are too high and are themselves a deterrent to economic activity, the creation of wealth and prosperity. When a company is given a “tax credit”, pressure is now put on the politicians to accommodate other entities and lower taxes for all. As long as there are Democrats who will accommodate the greedy, the dependent and those who prefer to be non productive, there will always be the opposite pressure to increase taxes and grow the state. Unfortunately the concept of productive capitalism and the generation of wealth is not appreciated by the majority of voters.