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Nissan Mississippi

Poorest State Hands Out Richest Auto Subsidy, Yet Winds Up With Lots Of Low-Pay Temp Jobs

Roger Bybee | Posted 10.09.2013 | Politics
Roger Bybee

With this prevalence of low-wage jobs, Mississippi taxpayers are hardly getting a good deal relative to their massive giveaway to Nissan. To secure Nissan's $2 billion investment and the promise of thousands of high-paying jobs, Mississippi provided a variety of subsidies worth fully 65% of what Nissan itself has shelled out for the plant and equipment. This is a stunningly high ratio even by corporate-cozy Southern standards.