Why Do Either Federal or State Tax Dollars Go To Private Businesses in a Free Market?

Discussion in 'Politics' started by JoeNation, Dec 3, 2012.

  1. JoeNation
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    JoeNation The ReichWing Abuser

    Why do trillions of our tax dollars have to help fund any private business if we are in fact a "Free Market"? What are these businesses supposed to do, import workers and consumers if we don't fund them with our tax money?


    As Companies Seek Tax Deals, Governments Pay High Price
    By LOUISE STORY
    December 1, 2012


    In the end, the money that towns across America gave General Motors did not matter.
    When the automaker released a list of factories it was closing during bankruptcy three years ago, communities that had considered themselves G.M.’s business partners were among the targets.
    For years, mayors and governors anxious about local jobs had agreed to G.M.’s demands for cash rewards, free buildings, worker training and lucrative tax breaks. As late as 2007, the company was telling local officials that these sorts of incentives would “further G.M.’s strong relationship” with them and be a “win/win situation,” according to town council notes from one Michigan community.
    Yet at least 50 properties on the 2009 liquidation list were in towns and states that had awarded incentives, adding up to billions in taxpayer dollars, according to data compiled by The New York Times.
    Some officials, desperate to keep G.M., offered more. Ohio was proposing a $56 million deal to save its Moraine plant, and Wisconsin, fighting for its Janesville factory, offered $153 million.
    But their overtures were to no avail. G.M. walked away and, thanks to a federal bailout, is once again profitable. The towns have not been so fortunate, having spent scarce funds in exchange for thousands of jobs that no longer exist.

    http://www.nytimes.com/2012/12/02/us/how-local-taxpayers-bankroll-corporations.html
     
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  2. rlm's cents
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    rlm's cents Well-Known Member

    Try seeing the forest instead of the trees!
     
  3. JoeNation
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    JoeNation The ReichWing Abuser

    What forest? It was clear cut so that timber companies could log on federal lands.
     
  4. IQless1
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    IQless1 trump supporters are scum

    Big Business Socialism. Trickle-down economics. Oy!
     
  5. rlm's cents
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    rlm's cents Well-Known Member

    Yep! That is what I figured!!!!!!!!!!!!!!!1
     

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