There's a lot of hand-wringing this summer in state capitals from Hartford to Albany to Atlanta to Austin, over a company that pays a grand total of $250 a year in corporate income tax in the state where it has its headquarters and large operations.
That company, of course, is General Electric, with 800 head-office employees in Fairfield. GE publicly put those jobs in play on June 1, amid a state budget battle over that very same tax.
Now we have reports from the Connecticut Post that Gov. Dannel P. Malloy is offering GE a hefty package, and from Politico New York that Gov. Andrew Cuomo is doing the same.
Both of those Democrats are telling GE CEO Jeffrey Immelt that...