To: MichCapCon
Ok, I’m not schooled on Economics, but isn’t giving tax breaks to Corporations an incentive to stay in Michigan and employ more people?? But maybe these lawmakers would rather have more unemployed people anyway......oh yeah, they ARE Democrats.
5 posted on
08/04/2015 6:13:26 AM PDT by
originalbuckeye
("In a time of universal deceit, telling the truth is a revolutionary act." - George Orwell)
To: originalbuckeye
I think EITC helps corporations too...especially the ones who make $100 pairs of jeans, $80 ball caps, and the latest smart phone. Just my observation of what the cashiers at the local gas station brag about buying with their ‘tax refund’.
7 posted on
08/04/2015 6:21:42 AM PDT by
lacrew
To: originalbuckeye
Ok, Im not schooled on Economics, but isnt giving tax breaks to Corporations an incentive to stay in Michigan and employ more people?
Tax breaks are fine, selective tax breaks are corporate welfare. If you want to cut taxes then cut taxes across the board. Its also important to note that we're not just talking about tax breaks, plenty of subsidies are also given.
A123 systems got millions from the feds and millions more from Michigan. They were in operation for something like 3 years without producing a single battery. We were literally paying their employees to go to work and hang out in the break room every day. China now owns the company and all the equipment we bought for them.
9 posted on
08/04/2015 6:31:46 AM PDT by
cripplecreek
(Sad fact, most people just want a candidate to tell them what they want to hear)
To: originalbuckeye
Only to a liberal would being permitted to keep some of your own money be considered “welfare.”
The very term “corporate welfare” is disingenuous in the context of tax breaks.
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