Just think of how much larger that "multiplier" effect would be if they lowered taxes for EVERYBODY instead of just their favored (read: UAW) entities. There is no reason whatsoever that some people should pay higher taxes to benefit others. This is simply corporate welfare.
BTW, I wonder how the positive side of this special treatment balances against the negative effect it has on other entities that are not in favor with the administration de jour.
I believe if this were Toyota or Nissan they’d be looking at the same type of break. I agree that in the larger sense we need tax breaks across the board, but when in competition with other states for a large employer this seems like a reasonable concession, especially if in the bargain we get state pensions to a fixed contribution rather than fixed benefit basis.
This is a Republican proposal from the House Speaker.