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Sloan Widgets. Sloan Widgets in Willard County Sloan Widgets is looking to expand
their operations and as a result create five thousand jobs. ...
Submitted by jackaveli on December 16, 2007
Category: Miscellaneous
Words: 1008 | Pages: 5
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Sloan Widgets in Willard County
Sloan Widgets is looking to expand their operations and as a result create five thousand jobs. Sloan Widgets already provides thirty thousand jobs to Willard County. For Sloan Widgets to expand their operations, it will cost them fifty million dollars. It will take them over five years to recoup the money they invest. Hunt County is prepared to offer Sloan Widgets $100 million in tax rebates to relocate their offices and their expansion to their county. Sloan Widgets is offering us a fair opportunity to keep them in our county by asking for $50 million in tax rebates. The downside of that offer is that we will have to substantially raise taxes for our residents. As an appointed county official, I am participating in a vote on whether to agree to these terms.
When placing my vote on this controversial subject, I had to ask myself many questions. Does Willard County have a sufficient amount of businesses with enough employment opportunities to ease the transition of people being laid off from Sloan Widgets? Is there a way for the departure of Sloan Widgets to have a neutral, or even a positive effect on Willard County’s economy? Is the tax hike permanent or is it only temporary? Are the five thousand jobs generated by the expansion going to be offered to our residents exclusively, or at least in advance of making employment opportunities available to anyone?
I feel that this decision is an easy decision to make. I feel that we should provide the tax rebates to Sloan Widgets in order to keep them in Willard County. The most obvious reason for that decision is that they provide one third of our residents with jobs. Their employer substantially fuels our county’s economy. When you truly look at the numbers, once you take out children and senior citizens, Sloan Widgets accounts for an even higher ratio of employment in our county. To let them leave our county would damage us severely....
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