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: cripplecreek
“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.”
Well stated
11 posted on
08/05/2015 8:13:23 AM PDT by
stephenjohnbanker
(My Batting Average( 1,000) (GOPe is that easy to read))
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