I would kind of like to see a more thorough breakdown of why this is bad economics, because when I break it down in my non-math-inclined head it doesn’t seem bad:
$7 million tax break over 10 years = 700k in tax breaks per year
900 jobs @ $25/hr * 40 hrs/wk * 52 wks/yr = 4.68 million in US worker salaries per year
4.68 million in salaries * .25 income tax rate = 1.17 million in salaries
Net tax revenue = +$470,000
I know it probably can’t be that simple, but still — is it possible to prove out that it equates to a net negative on the balance?