Moraine is stealing $750,000 from taxpayers and giving it to some big business plutocrats in more obscene cronyism.
"The project, codenamed “Project Southbound”, will require funding by ED/GE, the city of Moraine and JobsOhio, the state’s private development arm, Moraine’s application said.That's a lot of tax money for low-paying jobs.
The work would involve advanced materials and manufacturing, as well as logistics and distribution. Jobs to be created would yield a $25 million annual payroll at an average annual salary of $32,000 to $35,000, the application said."
"Moraine put the expected income tax boost from the company’s presence at the plant at $450,000 to $500,000 a year."It's always about the loot.
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