Graciously, Dell has decided to keep its doors open until July of this year. You remember Dell, the company that the state gave in excess of $250 million worth of tax incentives and promises to in late 2004 to lure into the state. With only five years gone by since Dell opened its doors here in North Carolina, I doubt that many of the politicians who pushed for such an ambitious package are proud of the results.
Our elected officials in Raleigh apparently realize that tax breaks will lure more business into the state. What amazes me is that they do not understand that lowering the corporate tax rate will render these incentive deals unnecessary because the general business climate in the state will be more attractive.