That still doesn't make it a bailout.
From the article, I gather that Ford is supposed to make a rather large investment in the state in exchange for the tax break. Like it or not, that's the way states, regions, cities get businesses to come or stay. Not too many years ago, WV got Cabela's to come to Wheeling just that way. If another state made a better offer, they prolly would have gone there instead.
How would you like it if your taxes went up because a legislator decided to give me a “tax incentive” to stay here?
If you have a mortgage, and use the interest deduction on your 1040, I already do. That's just the way it is.
I have no problem with giving tax breaks to companies that invest. None whatsoever. However, this is a piece of legislation written specifically for Ford Motor Company. Other employers in the exact same financial situation will NOT get the same treatment. That’s what makes it a bailout. If it works so well for Ford, why not everyone else?
Apples and oranges. Mortgage Interest Deduction is available to ANYBODY (within a certain set of parameters) with a mortgage. It’s not targeted for the Rothschild family with all the money because the state is afraid the Rothschilds will relocate.