by Sahid Fawaz
Not even a year after receiving the most generous tax breaks by a single state to a company, Boeing went ahead and showed the even uglier side of corporate greed when it announced that it would move thousands of jobs from Washington to Oklahoma and Missouri.
According to the Washington Post:
“Eleven months ago, Washington Gov. Jay Inslee (D) signed a package of tax breaks and incentives aimed at keeping tens of thousands of Boeing jobs in the Puget Sound region. Valued at $8.7 billion over 27 years, the set of bills amounted to the single largest tax break any state has ever given to a single company.
Now, policymakers who feel they bent over backwards to accommodate the aerospace giant feel burned: In the past two weeks, Boeing announced it would move thousands of jobs out of Washington State.
Boeing announced last week that it would move about 2,000 high-paying engineering jobs in its defense division from the Seattle area to facilities in Oklahoma City and St. Louis by 2017. On Monday, the company said it would build significant portions of the wings and tails for its new 777X jet in St. Louis, which will mean about 700 more new jobs in Missouri.”
Let’s hope this is a one time event and not the beginning of a trend to move good middle class aviation jobs to other cities to cut labor costs.