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Miss. Lawmakers Pass Incentives For Tire Maker

She also said the state would waive corporate income tax, but said that amount is hard to estimate. A study by College Board economist Bob Neal found the state would give up $200 million overall over 30 years, but gain $1.11 billion in tax revenue, for a net benefit of $914 million. Neal wrote in an email Friday that the analysis excludes local incentives and tax revenue.

West Point Mayor Scott Ross said that he's not worried about foregone tax revenue.

"The job creation is so much more important than anything we might collect," Ross said. "Our people are hungry. This truly is a godsend."

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Follow Jeff Amy at http://twitter.com/jeffamy

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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