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Reply #35: They do every day.. [View All]

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Kalyke Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-11-08 12:50 PM
Response to Reply #11
35. They do every day..
But, all of these foreign companies got tax breaks, that is bribes, and the joy of "right-to-work", that is anti-union laws, from these Red states to locate there. Unlike the rust-belt states, Tennessee, South Carolina and Alabama gorge themselves at the federal tax trough, consuming vastly more federal money than they pay. So federal tax money gets spent in place of local tax money to help these Red states offer tax breaks to foreign companies. Where's the competition in that?

http://carlsback40.blogspot.com/2008/12/red-state-senators-helping-subsidize.html


Keith Olbermann talks about it here: http://www.msnbc.msn.com/id/3036677/#28166210

I Googled several, but the bottom line is that foreign car companies are failing, too, and they're getting ongoing tax breaks from government to subsidize their operations.

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