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Ohio to review if Wal-Mart reneged on tax deal [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

NNN0LHI

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Mon Mar-30-09 06:28 AM
Original message

Ohio to review if Wal-Mart reneged on tax deal

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Edited on Mon Mar-30-09 06:30 AM by NNN0LHI

http://www.google.com/hostednews/ap/article/ALeqM5jqjdhOwROmoXV5eG8tJCf7719zPAD9774JJ01

1 day ago

COLUMBUS, Ohio (AP) — Economic development officials in Ohio say they will check whether Wal-Mart Stores Inc. violated terms of a tax agreement by closing an optical lab near Columbus.

Ohio gave the world's largest retailer a $1.8 million job-creation tax credit in 2001 on the condition that the company create and maintain jobs there.

Wal-Mart on Friday announced that it will close the lab, cutting 650 jobs. The lab makes eyewear for vision centers in Wal-Mart stores.

Who wants to guess where these jobs are going?

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