CEO Explains How Govt. Incentives Kept Stardock in Michigan
CEO Explains How Govt. Incentives Kept Stardock in Michigan
February 10, 2009
When Michigan Gov. Jennifer Granholm (D) gave a shout-out to Stardock CEO Brad Wardell in her State of the State address last week, there was a back story.
As GamePolitics reported at the time, Granholm credited Michigan's game and film production incentive program with keeping Stardock located in the state.
For its part, Edge Online interviewed Stardock CEO Brad Wardell, who explained the impact of the Michigan incentives on his company:
[Michigan state officials] came to us and said look, what are your problems with Michigan?" Wardell rattled off some of the barriers of Stardock's location: a shallow talent pool, the weather and the communication infrastructure (Stardock's offices use a Comcast cable connection)...
the state was receptive, coming to Stardock with a package that outlined plans to improve communication infrastructure, incentives to hire from local colleges and breaks on relocation costs when recruiting out of state.
"If you're having to pay a guy a salary of $50K, $60K, $75K, and then you have to pay extra for relocation costs, the tax credit can make the difference. It can take away the cost of moving expenses."
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Posted 03/19/10 at 06:42pm
Valdearg: Sage advice, Zip. Sage advice.
Valdearg: Sage advice, Zip. Sage advice.
Posted 03/19/10 at 06:37pm
ZippyDSMlee: Don;t talk to MS/LIve users that you do not know....is jsut easier that way...
ZippyDSMlee: Don;t talk to MS/LIve users that you do not know....is jsut easier that way...
Posted 03/19/10 at 06:14pm
Flamespeak: Didm't steal anything or other people not knowing what the heck Tribes was but felt inclined to tell me it wasn't Halo.
Flamespeak: Didm't steal anything or other people not knowing what the heck Tribes was but felt inclined to tell me it wasn't Halo.
Posted 03/19/10 at 06:13pm
Flamespeak: stealing 'new' game ideas from Tribes while marketing them as something 'new and shiny'." I was blasted by people claiming Halo
Flamespeak: stealing 'new' game ideas from Tribes while marketing them as something 'new and shiny'." I was blasted by people claiming Halo
Posted 03/19/10 at 06:12pm
Flamespeak: I told some Halo fans that 'with the inclusion of jet packs in Reach, Halo has successfully completed its mission of totally
Flamespeak: I told some Halo fans that 'with the inclusion of jet packs in Reach, Halo has successfully completed its mission of totally
Posted 03/19/10 at 05:39pm
Valdearg: @JDKJ: Well, it's not like you were very subtle, there..
Valdearg: @JDKJ: Well, it's not like you were very subtle, there..
Posted 03/19/10 at 05:18pm
JDKJ: @Val": You got me there. That one was pure troll. And posted in memory of DarkSaber, who hasn't been around much, lately.
JDKJ: @Val": You got me there. That one was pure troll. And posted in memory of DarkSaber, who hasn't been around much, lately.
Posted 03/19/10 at 02:36pm
Andrew Eisen: JDKJ - Probably the widow/widower.
Andrew Eisen: JDKJ - Probably the widow/widower.
Posted 03/19/10 at 02:33pm
ZippyDSMlee: JD:who gives a shit about you :P
ZippyDSMlee: JD:who gives a shit about you :P
Posted 03/19/10 at 02:33pm
Valdearg: Lol.. Wow, JDKJ. Troll much?
Valdearg: Lol.. Wow, JDKJ. Troll much?
Posted 03/19/10 at 02:27pm
JDKJ: Who gives a rat's ass about the children of fallen soldiers?
JDKJ: Who gives a rat's ass about the children of fallen soldiers?
Posted 03/19/10 at 02:16pm
Andrew Eisen: I completely agree.
Andrew Eisen: I completely agree.
Posted 03/19/10 at 02:15pm
Valdearg: If they really wanted to help the troops, they should donate their money to a legitimate charity with a good cash in/out ratio.
Valdearg: If they really wanted to help the troops, they should donate their money to a legitimate charity with a good cash in/out ratio.
Posted 03/19/10 at 02:14pm
Valdearg: It's just offensive that people who attend these things think they are helping the troops, when in reality, Hannity is using MOST of the money to live large in the cities he travels to. He could at least scale down his accommodations..
Valdearg: It's just offensive that people who attend these things think they are helping the troops, when in reality, Hannity is using MOST of the money to live large in the cities he travels to. He could at least scale down his accommodations..
Posted 03/19/10 at 02:13pm
Andrew Eisen: Val - But they did get something and that's better than nothing. Also, the Freedom Concert site is clear that expenses are subtracted from the donated amount so while it’s not fraud (from what little I’ve seen) it is pretty crummy.
Andrew Eisen: Val - But they did get something and that's better than nothing. Also, the Freedom Concert site is clear that expenses are subtracted from the donated amount so while it’s not fraud (from what little I’ve seen) it is pretty crummy.
Posted 03/19/10 at 02:12pm
ZippyDSMlee: fou fundrasier, from a fou consertive, who would have thought :P.
ZippyDSMlee: fou fundrasier, from a fou consertive, who would have thought :P.
Posted 03/19/10 at 02:11pm
Valdearg: The problem, Zip, is that barely ANY of the proceeds are going to the children. It's all going so hannity can line his own pockets and enjoy a life of luxury. He is a grade A Piece of Human Crap.
Valdearg: The problem, Zip, is that barely ANY of the proceeds are going to the children. It's all going so hannity can line his own pockets and enjoy a life of luxury. He is a grade A Piece of Human Crap.
Posted 03/19/10 at 02:09pm
ZippyDSMlee: Hanaity cn afford to pay for it himself so all proceeds go to the childernz or whatever. .....
ZippyDSMlee: Hanaity cn afford to pay for it himself so all proceeds go to the childernz or whatever. .....
Posted 03/19/10 at 02:09pm
ZippyDSMlee: But anyway you want to pad your rep with a funrasier get 80% to the people its suppose to go to....
ZippyDSMlee: But anyway you want to pad your rep with a funrasier get 80% to the people its suppose to go to....
Posted 03/19/10 at 02:03pm
ZippyDSMlee: VLag:thats ture but alot of cop and fireman and other thigns are under 10% to what they give to what they are raising money for
ZippyDSMlee: VLag:thats ture but alot of cop and fireman and other thigns are under 10% to what they give to what they are raising money for
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Comments
Maybe Oklahoma's government needs to talk to Michigan's government and actually learn how to implement tax incentives.
E. Zachary Knight
Oklahoma City Chapter of the ECA
http://www.theeca.com/chapters_oklahoma
Michigan has enough money to give tax incentives to companies? When did this happen?
massive amounts of loans to keep the state afloat is how.
It is not murder; I am merely advancing the hands of the clock, just a bit.
Michigan more likely looked at it this way:
They figured out how much this tax cut for them would cost them in lost revenue. They then look at how much overall revenue they would gain by having stardock expand their footprint in Michigan both directly (annual taxes) and secondary sources (sales taxes and increased business). They also looked at the probable revenue loss from stardock assuming they went to relocate someplace else that was more favorable.
Best keep your wits about you: The gears of life are always spinning, and ignorance eventually means you'll get caught in them.
Pitty we can't convince philadelphia to make them a better deal ;p