Small and midsized manufacturers in Illinois overwhelmingly oppose Gotion EV battery plant – Tech & Manufacturing Assoc.

Nearly 75% of small and mid-sized manufacturers who responded to a recent survey say they oppose the new Chinese-owned Gotion Electric Vehicle battery plant in Manteno that received $536 million in Illinois tax credits and government subsidies to locate in Illinois.
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susan
6 months ago

The pot could be made right by re-directing the Federal and State funding incentives toward those absorbing the enormous environmental/economic risk of the endeavor: foremost, Manteno property owner/taxpayers, then concentric circles of smaller risk outward from there (surrounding locations, Illinois taxpayers).

The problem with all these take-money-from-the-many-and-give-it-to-me-and-my-chums political schemes is: the pot isn’t right when profits are built upon the losses of the politicians’ victims.
The pot can be made right by distributing equitable portions of the presumed profits to those bearing the proximate risks.

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