Posted on 26 February 2011. Tags: Boeing, Citizens for Tax Justice, Corporate Welfare, Taxes
Corporate welfare and the scam on the American people is a daily scandal. And it gets obscured sometimes in the rah-rah competition in the marketplace that we get sucked into by the traditional media. So, here’s something to think about: you, the taxpayer, are about to shell our billions of dollars to a corporation […]
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Posted in General Interest
Posted on 29 December 2009. Tags: CEOs, Corporate Welfare, Corruption, Cronyism, Governance, Gretchen Morgenson, Wall Street
Merit is one of the enduring standards we are all taught from the moment we start school. If you get good grades, you advance. If you perform well, you advance. What, then, are we supposed to think about the young children or college-age students who read about this, courtesy of The Times Gretchen Morgenson […]
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Posted in General Interest
Posted on 05 May 2009. Tags: Barack Obama, Class Warfare, Corporate Welfare, Off Shore Havens, Tax Breaks, Taxes, The Rich
We keep avoiding the elephant in the room. It’s fine for the president to do this: President Obama on Monday called for curbing offshore tax havens and corporate tax breaks to collect billions of dollars more from multinational companies and wealthy individuals. The move would appeal to growing populist anger among taxpayers but is […]
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Posted in General Interest
Posted on 29 September 2008. Tags: Bailout, Corporate Welfare, Financial Crisis, Housing, Wall Street
I was tempted to write about the sad collapse of the Mets yesterday (two years in a row) but I figured there were more tragic things to focus on (serious Mets fans may disagree) like the newest version of the bailout deal that is going to pass–though it should not. I would be shocked […]
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Posted in General Interest
Posted on 12 May 2008. Tags: Corporate Welfare, George Pataki, Goldman Sachs, Michael Bloomberg, Tax Breaks
A year and a half ago, I wrote about the scam that is Goldman Sachs–a company that was about to shower billions of dollars on its executives after it had gotten stupendous tax breaks from New York’s city and state governments; a few days later, we also learned that the company’s top dog was […]
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Posted in General Interest
Posted on 01 August 2007. Tags: Corporate Welfare, Empire Zones, Jobs, New York, Richard Brodsky
This is potentially a big story–and an important one. For many years, cities and states have been caught in effectively a blackmail situation–companies threaten to leave or not relocate their businesses unless the municipalities hand over a whole host of tax breaks and incentives. In return for these gifts, companies promise that all sorts […]
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Posted in General Interest