Skepticism grows around Boston’s GE deal
BostInno - 01/20/2016
Jay Bardhan, an assistant professor of mechanical and industrial engineering at Northeastern University, told BostInno that GE moving to Boston could be a great opportunity for his students, but said his main concern is with the city and state’s process for determining the value of GE’s incentive package. He added that he would like GE’s relocation here to be a win for everyone but wants to know what exactly was communicated to the city and the state to convince them of using so many tax dollars.
“What’s the impact on tax revenue?” Bardhan said. “Does this hamstring the state because if we raise corporate taxes, is GE going to leave?” he added, referring one of the major reasons GE is leaving Fairfield, Conn.