Thread regarding Humana Inc. layoffs

Ghosts from the past- Humana’s mass tax break delayed

Health insurance giant Humana is going to have to wait for that state tax incentive.

The Louisville, Ky.-based company unveiled plans last month to open a digital health and analytics center in Fort Point, and employ as many as 250 people within the next five years. At the time, state officials expected that Humana would seek and receive a tax break at the September meeting of the state’s Economic Assistance Coordinating Council. The council usually approves what the state administration sends its way, but not this time.

Surprised me a little when i read this article. It’s not every day you hear that the local administration is trying to teach some corporation a lesson in obeying labor laws. Although this is on a small scale, and the company will probably eventually get it’s way on this, can’t help to think if we had more situations like this, and on a bigger scale it would lead to better treatment for the workers by the company.

https://www.bostonglobe.com/business/2018/09/19/decision-humana-mass-tax-break-delayed/0I8UD8YBtIN2wcFcOyJNVI/story.html

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Interesting. Climate is favorable for corporate tax cuts and mega mergers.

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