Mar 5, 2012
Caterpillar is going to build its new tractor and excavator plant in Athens, Georgia. The company said it will invest 200 million dollars, and the plant will have 1,400 workers. State and local governments will give Caterpillar 78 million dollars in incentives and tax credits. Caterpillar pitted 100 cities in the U.S., Canada and Mexico against one another to see who would give the most. This company doesn’t want to pay taxes, yet expects taxpayers to pay big bucks for its plants.
What a parasite!