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January 10, 2014

Inslee wishes state subsidy competitions were illegal

By MIKE BAKER
Associated Press

OLYMPIA — Gov. Jay Inslee said Thursday he wishes states weren't in constant competition to provide financial incentives in order secure jobs from big companies.

Inslee said he would like to see a national agreement to make that sort of state subsidy escalation illegal. His comments come just two months after Washington approved perhaps the largest corporate tax break in U.S. history — valued at nearly $9 billion — to persuade Boeing Co. to build a new airplane in the state.


 
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