States Need to Stop Giving Subsidies to Corporations
Rober Bybee @ The Progressive - Corporations are playing states for fools. Across the nation, states are now pouring more than $80 billion in subsidies and tax breaks annually to corporations in a futile and counter-productive effort to retain and attract corporate investments in the name of job creation, as outlined in the outstanding series by Louise Story in the New York Times. This flow of subsidies is failing to generate family-supporting jobs and badly distorting the role of state government in a democracy. Read more.
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