(BOSTON) JAN 13 – GENERAL ELECTRIC WEDNESDAY SAYING THEY WILL MOVE FROM THEIR CONNECTICUT HEADQUARTERS SINCE 1974 TO MASSACHUSETTS TO GET AWAY FROM STATE TAX HIKES AND WHAT THE COMPANY SAYS IS AN INHOSPITABLE BUSINESS CLIMATE.
FOX NEWS RADIO’S BILL MARCUS HAS MORE.
NEW YORK, GEORGIA, RHODE ISLAND AND TEXAS ALSO MADE BIDS FOR G-E TO MOVE TO THOSE STATES. THE COMPANY’S MOVE TO THE CITY OF BOSTON IS SEEN AS A SYMBOL OF THE DECLINE OF THE SUBURBAN CORPORATE OFFICE CAMPUS. IN FAIRFIELD, CONNECTICUT THE 124 YEAR-OLD COMPANY OCCUPIES TWO THREE-STORY OFFICE BUILDINGS ON A 68-ACRE CAMPUS.
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THIS WOMAN IN BOSTON, WHO WAS WEARING A BERNIE SANDERS BUTTON, WONDERS OUT LOUD ABOUT THE PROSPECT OF PAYING OUT $145 MILLION IN STATE AND CITY FUNDS TO LURE G-E. SHE DECIDES IT’S NOT A GOOD IDEA. SHE IS SPEAKING WITH FOX NEWS RADIO’S BILL MARCUS.