Massachusetts gives IBM a $2.5M tax break for absolutely no reason whatsoever

IBM was looking for office space to house its IBM Watson Health initiative and picked a new building in Cambridge, Mass., a decision the state of Massachusetts rewarded with an utterly gratuitous $ 2.5 million tax break.

“We had competition for IBM Watson Health nationally and internationally,” a spokesman for the state agency in charge of frittering away tax dollars tells the Boston Globe. “They could have gone anywhere in the world and would have been welcomed.”

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Network World Paul McNamara