Dell Says It Won't Pay

Dell, the giant computer manufacturer... received millions of dollars in tax breaks and direct grants from North Carolina when it promised to build a plant in Forsyth County. It built the plant, received millions, but then closed it down after only four years. North Carolina says that Dell is obligated to pay the state back a lot of the cash. Dell says go pound salt.

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This is yet another example of what is wrong with incentives... Governor Bev Perdue, to her credit, has vowed to get back every "red cent" the state gave to Dell.

View TaxAnalysts's David Brunori's opinion in its entirety on TAX.com.