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[email protected] thunder@TAKEOUTgti.net is offline
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First recorded activity by BoatBanter: Nov 2007
Posts: 864
Default Genmar quits Florida for cheaper labor

On Tue, 08 Jan 2008 22:11:27 -0500, Wayne.B wrote:

On Tue, 8 Jan 2008 20:44:25 -0500, "Gene Kearns"
wrote:

Anybody know what, "The high cost of doing business in Florida ......"
is a euphemism for?


My guess is that taxes and insurance are involved in the equation, and
quite possibly Genmar was looking for tax incentives from local
government and didn't get them. Sarasota is a relatively expensive area
with high property values.


I don't know if it's still the case, but at one time, Florida's workman's
comp was the highest in the nation.