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No, Big Corporations Shouldn’t Get Tax Breaks to Create Jobs

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Employees at an Amazon warehouse (Photo: Scott Lewis / Flickr)

  • The breaks seldom pay for themselves — and put employees of local businesses out of work.
  • Related: Foxconn Comes to Wisconsin: A Bad Deal for Workers and the Environment

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Jim Hightower, Other Words

January 31, 2018 | Governors and mayors insist that giving our tax dollars to corporations to lure them to move to our cities is good public policy. The corporations create jobs, those workers pay taxes, and — voila! — the giveaway pays for itself!

Does it really work that way? Unfortunately, no.

http://otherwords.org/wp-content/uploads/2012/12/Jim_Hightower.jpg Jim Hightower is a radio commentator, writer, and public speaker. He’s also the editor of the populist newsletter, The Hightower Lowdown.

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Related:

Foxconn Comes to Wisconsin: A Bad Deal for Workers and the Environment, Willis and Jacob Druker, Socialist Alternative

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In exchange for $3 billion from the state government, electronics giant Foxconn will build a massive factory in Wisconsin. What’s good for big business is good for the rest of us. Right?

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