Panasonic Earns 8 BILLION BUCKS Worth Of Tax Subsidy for Kansas Battery Plant

A quick roundup of bennies in order to save the planet from skyfall . . . Check-it:

After signing nondisclosure agreements, Kansas officials agreed last year to award Panasonic $829 million in incentives from a new program designed for the firm. De Soto added another $200 million in local property tax incentives, Johnson County committed $15 million for new infrastructure and the state transportation department carved out $26 million for road improvements. The state later handed over the Kansas Bioscience Authority building in Olathe, valued at nearly $5 million, to Panasonic for free.

Altogether, Good Jobs First calculated the company could be in line for $8 billion in support from local, state and federal governments.

Read more via www.TonysKansasCity.com link . . .

Johnson County $4 billion Panasonic plant may get $8 billion in taxpayer incentives: report

Incentive watchdog group Good Jobs First predicts taxpayers will spend $2 million for each job created at the De Soto battery plant.