Bill would expand stealth bomber tax credit

msn.com ^ | August 14, 2014 9:05 PM ET.

[BenLurkin]

Dueling bidders for a major Pentagon stealth bomber contract would be eligible for massive tax credits under a bill that's on Gov. Jerry Brown's desk.

Brown has been pushing for an aerospace tax credit that could help companies create thousands of jobs near Palmdale.

In July, lawmakers grudgingly approved a $420 million tax credit that would benefit a joint bid being submitted by Boeing Co. and Lockheed Martin Corp. The governor signed the fast-tracked AB2389 into law after his office assured competitor Northrop Grumman Corp. that it would receive a similar deal.

[BenLurkin]

Presumably a replacement for the “aging” B-2?

[minnesota_bound]

They gave Hollywood as much!

[Lurker]

Even Jerry Brown must now admit that tax policy has an effect upon job creation.

[SunkenCiv]

Jerry Brown, Governor Moonbeam himself, pushing for a tax cut? Must be an election year. Thanks BenLurkin.

[Tainan]

Make Lockheed Martin Corp. build more F-22s....Put the F-35 back in mothballs.

[GeronL]

n July, lawmakers grudgingly approved a $420 million tax credit that would benefit a joint bid being submitted by Boeing Co. and Lockheed Martin Corp

Could create 200 jobs or something.... stupid socialists

[GeronL]

Giving handouts and tax breaks to favored companies is stupid

[Lurker]

It’s not only stupid. It’s fascism.

[PGalt]

BUMP! BUMP!

[Wolfie]

At least we’ve found a form of welfare everybody likes.