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Washington State Taxpayers Taken For A Bumpy Ride By Boeing
10/24/2014 at 08:15 am - David Williams

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Stehekin River Valley, WA (courtesy Wikimedia Commons)

This article appeared in The Daily Caller on October 22, 2014

Politicians in Washington State are receiving a rude awakening. They jumped through hoops to offer massive tax incentives to Boeing, their “hometown hero” corporation founded in Seattle in 1916, and in return, the company uprooted thousands of Washington jobs and moved them to the Midwest. In this round of political gamesmanship, the Olympia operators got hoodwinked by the corporate bigwigs. Of course, anyone who has followed Boeing’s feeding at the trough of the taxpayer-funded Export Import (Ex-Im) Bank and their recent lobbying efforts at the national level knows this is only par for the course. It’s easy to understand Washington state politicos’ cozy relationship with Boeing – even putting aside the obvious allure of the aviation giant’s free-flowing campaign cash. The company’s roots in the state are indeed very deep. It was born in the boathouse of one William Boeing, a former Yale engineering student who set out to build his own seaplane and took it on a test flight by himself. That humble first flight spawned a company that employs nearly 170,000 people around the world, including 81,000 in Washington State. They pulled in more than $86 billion in revenue last year. It’s not surprising that local elected officials would want to keep them happy.

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