UPDATED: 2007-02-14 |
Lenoir Officials Defend $260 Million Tax Incentives To Google By: Andy Beal 2007-02-14 It seems there's been a lot more interest in the tax breaks to Google, since we learned the search engine could receive as much as $260 million in incentives for building in North Carolina. Today, Lenoir and Caldwell County officials fight back against the critics, arguing why having Google build a data center is great for the local area. "I truly believe that 80 percent of the people are tickled to death, and they are getting mad" about the criticism, Lenoir Mayor David Barlow said"Where's all the good talk of the millions and millions of dollars in payroll? Our people need to hear the good news," he said. And just because we keep hearing the $260m number, doesn't mean that Lenoir will be worse off for having Google as a neighbor. Lenoir City Manager Lane Bailey said people need to be reminded that even with local tax breaks, Google will be paying more taxes than other companies and will support the local economy. "This is a great deal for the city," Bailey said. Comments Add to Del.icio.us | Digg | Furl View All Articles by Andy Beal About the Author: Andy Beal is an internet marketing consultant and considered one of the world's most respected and interactive search engine marketing experts. Andy has worked with many Fortune 1000 companies such as Motorola, CitiFinancial, Lowes, Alaska Air, DeWALT, NBC and Experian. You can read his internet marketing blog at Marketing Pilgrim and reach him at [email protected]. |
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