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Connecticut pledges $220M in incentives to keep Sikorsky
Associated Press ^ | Sep 20, 2016 5:31 PM EDT

Posted on 09/20/2016 3:57:50 PM PDT by Olog-hai

The office of Connecticut’s governor says Sikorsky Aircraft has committed to keeping its headquarters in the state and adding jobs in an agreement that involves $220 million in state incentives. […]

The deal calls for Sikorsky to build nearly 200 CH-53K King Stallion helicopters in Connecticut for the U.S. Navy until at least 2032. The incentives pledged by Malloy’s office include grants and tax exemptions. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; US: Connecticut
KEYWORDS: aircraft; cronycapitalism; helicopters; incentives; lockheedmartin; malloy; sikorsky

1 posted on 09/20/2016 3:57:51 PM PDT by Olog-hai
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To: Olog-hai

I guess Trump calling Malloy “stupid” on national television (for losing GE to Massachusetts) had an effect after all.


2 posted on 09/20/2016 4:03:39 PM PDT by Steely Tom (Vote GOP: A Slower Handbasket)
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To: Olog-hai
I read recently that the state of Florida is trying to lure Yale away.Amazing!
3 posted on 09/20/2016 4:04:34 PM PDT by Gay State Conservative (Proud Member Of The "Basket Of Deplorables")
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To: Gay State Conservative

Florida needs an Ivy League school.


4 posted on 09/20/2016 4:08:23 PM PDT by Cobra64 (Common sense isn't common any more.)
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To: Olog-hai

You go there Conneticut ..... An All Blue State w Dem Gov, house and senate ..... Helping build weapons for a discount !


5 posted on 09/20/2016 4:09:55 PM PDT by jcon40
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To: Olog-hai

Very familiar with CT, living dead economy and one-party politics.
An indicator of how bad a state is, is when they desparately pay Hundreds of Millions in corporate tax incentives to keep hundreds of jobs in their state.
CT is dead.


6 posted on 09/20/2016 4:12:11 PM PDT by MarchonDC09122009 (When is our next march on DC? When have we had enough?)
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To: Olog-hai

I keep hearing all this noise from the alt-left about Trump’s getting tax breaks/incentives from New York and how it’s a BAD thing. This? Crickets...


7 posted on 09/20/2016 4:24:22 PM PDT by normbal (normbal. somewhere in socialist occupied America)
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To: Olog-hai
As much as libs hate our military, though they love the military dollars, I'd pull every military base out of CT and establish them elsewhere.
8 posted on 09/20/2016 4:30:35 PM PDT by ealgeone
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To: Olog-hai

Any tax breaks to the plethora of small-biz under the boot heel of oppressive taxation, unable to acquire a sweet-heart deal for NOT moving out of State?

Crony Capitalism at its finest.


9 posted on 09/20/2016 5:15:15 PM PDT by i_robot73 ("A man chooses. A slave obeys." - Andrew Ryan)
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To: Cobra64

Would probably be better off legalizing prostitution and starting a class cathouse .... at least attendees would be getting their money’s worth and not leaving brain damaged with a huge debt!


10 posted on 09/20/2016 5:44:23 PM PDT by RetiredTexasVet (The Mofia is a private crime family; whereas, the DOJ is the gov't's political crime family.)
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To: Gay State Conservative

Yeah so the taxpayers will foot the bill for them to.stay


11 posted on 09/20/2016 5:45:38 PM PDT by ballplayer (hvexx NKK c bmytit II iyijjhihhiyyiyiyi it iyiiy II i hi jiihi ty yhiiyihiijhijjyjiyjiiijyuiiijihyii)
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To: ealgeone

“As much as libs hate our military, though they love the military dollars, I’d pull every military base out of CT and establish them elsewhere.”

Every Military base? Connecticut is so small that we only have One. That is the Submarine Base at New London.

Though we do have a number of small Coast Guard Units as well.

Instead of paying a bribe to Sikorsky Aircraft to remain here temporarily, the Governor should have just cut taxes on the rest of us.

Now the taxpayers will be paying that 200 million dollar bribe out of our pockets.


12 posted on 09/20/2016 7:14:52 PM PDT by puppypusher ( The World is going to the dogs.)
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To: puppypusher

I’d pull it out. The state doesn’t deserve it. Then watch the libs scramble and cry.


13 posted on 09/20/2016 7:42:11 PM PDT by ealgeone
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