A Good Deal for Mississippi? A Report on Taxpayer Assistance to Nissan in Canton, Mississippi
Type
Policy Brief or Report
Year
2013
Level
County, County
State(s)
Mississippi
Policy Areas
Children & Families, Civil Rights
Over the past decade Nissan has created thousands of manufacturing jobs in Mississippi. While the company has spent considerable amounts of its own money, it has also received large amounts of financial assistance from taxpayers at the local and state levels. This report documents the varieties of economic development subsidies the company has been offered, including corporate income tax credits, rebates of withholding taxes, site preparation and infrastructure grants, training grants, and property tax abatements. It also reveals that in total, the value of the state and local subsidies offered to the company in Mississippi is $1.3 billion, which is considerably more than has been reported.