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Politics and Government
Tue July 30, 2013
Company Laying Off Workers Received Taxpayer Dollars To Create Jobs
The decision last week by Spirit AeroSystems to lay off 360 employees from its facilities in Kansas and Oklahoma is causing one lawmaker to question economic incentives the company receives from the state.
Representative Mike Reynolds says he is “disgusted” that the Oklahoma Quality Jobs Program would give millions of taxpayer dollars to Spirit for job creation at the same time the company is reducing its workforce.
A news release from Reynolds says the aircraft parts manufacturer received two payments through the program for more than 2-million dollars.
Reynolds is an outspoken critic of tax credits and other economic incentives provided by state government to private companies.
The Republican from Oklahoma City also questioned the state Commerce Department’s assertion that the government money provided to Spirit still provides a net benefit to Oklahoma.
Business and Economy