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Illinois Bribes Corporate America to Stay

(bareboards2)
1 decade 3 years 3 weeks ago

Holy Christ. Further proof of the profit motive killing America. Elizabeth Warren's words come to mind -- you don't have a business without the environment you are in. This will strangle state infrastructures.

"Illinois wanted to incentivize big companies like Ford, Chrysler, Motorola, and Mitsubishi to keep jobs in state, but since none of these companies paid much in the way of state corporate income tax, tax cuts just weren't a viable option. Their solution: Taxpayers now pay taxes directly to these corporations. Really. You know... the free market at work."
http://slog.thestranger.com/slog/archives/2011/10/27/finally-a-tax-that-corporate-america-can-sign-on-to