Local tax holidays are commonly granted to attract businesses that will provide local employment.<quoted text>WRONG!, bust-brain. "If the Keystone XL oil pipeline were approved today, residents in the six states along its route would not receive equal treatment from TransCanada, the company that wants to build the project.
The differences are particularly striking when it comes to tax revenue and environmental protection. States with stronger regulations have won protections for their citizens, while other states sometimes focused more on meeting TransCanada's needs.
In Kansas, for example, lawmakers gave TransCanada a 10-year tax exemption, which means the state won't receive any property tax revenue from the pipeline. Meanwhile, each of the other five states—Montana, South Dakota, Nebraska, Oklahoma and Texas—would earn between $14 million and $63 million a year, according to U.S. State Department estimates."Check this out: http://www.hcn.org/articles/on-keystone-xl-ro...
This does not compare to Obama's massive giveaways to bogus crony-sponsored projects.