Cleveland’s politicians are proposing a package of incentives potentially worth $100 million for paint company Sherwin-Williams’ new headquarters in the city. As the CEA’s John Mozena writes in this week’s Crain’s Cleveland Business, this isn’t good news for the other businesses that call Cleveland home — or might want to, at some point in the future:

“Cleveland won’t grow its economy by handing historically large subsidies to big corporations. It’s time for Northeast Ohio’s business community to tell its elected officials to stop wasting everyone’s tax dollars chasing groundbreaking and ribbon-cutting ceremonies and to focus instead on the nuts-and-bolts tax, regulatory, workforce and other policy issues that truly matter when a business is making a decision on whether Cleveland is the right place to call home.”

Read the entire column here.

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