Tennessee Ups Its Incentives
The State of Tennessee is trying to improve its recruiting advantages for high-paying manufacturing jobs, offering an extra level of job tax credits to companies that create well-paying jobs and spend at least $100 million in the process.
The changes are part of a sweeping tax measure the Tennessee legislature approved as the legislative session wrapped up in May. It's the latest change to a tax law that helped persuade Nissan North America to expand its manufacturing operations in the state in 2000 and move its headquarters to Tennessee this year.
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