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Fri Dec 7, 2012, 03:26 PM

 

Texas taxpayers subsidize business to the tune of $2200 per household

The NYT had an excellent piece detailing the process whereby corporate subsidies are dished out in Texas. It reports that the subsidies come to around $19 billion a year. This is approximately $2,200 per household. As the piece points out, the incentives have been handed out with little apparent regard to the number or quality of jobs created. As a result, there is little evidence that the incentives have had benefits for most Texans.

http://www.nytimes.com/2012/12/02/us/how-local-taxpayers-bankroll-corporations.html?_r=0

The piece is part of a series on state subsidies for corporations. The first piece ran yesterday.

http://www.nytimes.com/2012/12/03/us/winners-and-losers-in-texas.html?hp

http://www.cepr.net/index.php/blogs/beat-the-press/corporate-subsidies-go-wild-in-texas

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Reply Texas taxpayers subsidize business to the tune of $2200 per household (Original post)
HiPointDem Dec 2012 OP
Ilsa Dec 2012 #1
Tandalayo_Scheisskopf Dec 2012 #2
MrDiaz Dec 2012 #3

Response to HiPointDem (Original post)

Fri Dec 7, 2012, 03:44 PM

1. K & R. Texans are getting screwed by Perry

and his cronies that are enriching him.

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Response to Tandalayo_Scheisskopf (Reply #2)

Fri Dec 7, 2012, 04:50 PM

3. oh you are one of THOSE people

 

that stereotype EVERYONE in a certain state...appreciate that. Bless Your Heart.

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