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Disclaimer:

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1o1 Damnations

Friday, December 7, 2012

STATE FARE

This effects everyone who pays state or local taxes- please read. You have probably never heard of G. Brint Ryan, but his job is to get as many tax dollars into the hands of corporations as he possibly can. He's very good at his job too, even suing his clients for not going after tax money on the grounds it denied his company the percentage he could have earned.
Tax breaks, free land and buildings, free infrastructure in roads, electrical and water and sewer systems, outright cash incentives to corporate America. In some cases states are giving up $100,000 in tax revenue per job created that pays workers between $20 - $40,000. Yet people complain about a family of four getting $140.00 a month in food stamps. Taxpayers are having to buy their own jobs. These corporate windfalls never make it down to the employees who live in the states that pay for them, they are kept at the top for executives and investors. This is extortion plain and simple. states are paying more per job than the jobs could possibly create in tax revenue, it would be cheaper to pay workers to stay at home. If you tried to blackmail a state like this you would probably go to jail.

Read the full story here;  http://www.nytimes.com/interactive/2012/12/01/us/government-incentives.html

2 comments:

  1. Just wanted to let you know we stopped by to check you out. Keep up the good work. I like your writing style.

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  2. Thank you so much. I really appreciate any feedback I can get. most of the other comments are just my idiot brother trying to be funny- and he is sometimes...

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