These “new business” incentives so often turn out to be a beat-down on the taxpayers.
First of all, a business should be able to survive without government support.
Secondly, I always see new business incentives to be a finger in the eye of existing businesses.
These business have been loyal, supported the community, and paid boatloads of taxes, but the government turns it back on its old faithful wife to try to induce some flashy new girl to get in bed with it. Never works out well.
Exactly, must be great to have government subsidizing a competitor newcomer.