Make GE Pay

"Research indicates there’s no major correlation between a state’s giveaways and its unemployment rate or income levels, Bryce Covert wrote in the New York Times in November, and incentives also don’t have much influence over the chosen location. About two-thirds of incentives are given to companies that would have moved to the location offering them anyway.

A study in December from subsidy watchdog Good Jobs First found that schools in 28 states lost at least $1.8 billion in tax funding that was diverted to corporations."

GE’s Decision to Scrap Boston HQ Shows Corporate Tax Incentives Don't Work General Electric is going to pay back $87 million to Massachusetts after downgrading plans for its Boston headquarters.

Is giving GE free money still a good deal for Boston?

GE Ousts Flannery After Slump, Names Lawrence Culp CEO General Electric Co. ousted CEO John Flannery just over a year into his tenure and replaced him with a renowned turnaround expert -- a surprise move that stoked the biggest rally in nine years for the company’s depressed shares.