Wednesday, January 20, 2016

Jeff Jacoby has come down hard

on the deal that moves GE's Corporate Headquarters to Boston...for the most part I agree with him 175 million in tax breaks (or whatever the hell it is) is an awfully high price for 800 jobs.
But then we live in the era of "Urban Set Design" wherein cities are held to be prosperous if they have huge skyscrapers embossed with corporate logos.
And lets not forget we are also living in the era of "reactionary socialism" wherein tax monies collected from all and sundry are forcibly redistributed to hugely profitable corporate entities in return for a promise of jobs created down the line. A tax cut is welfare every bit as much as a check from the Department of Transitional Assistance, and if we are targeting tax cuts at corporations then the tax payers have a right to get certain actionable guarantees from said entities.

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