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Sunday, September 18, 2011

Jefferson City, giving away the tax base

I've been railing here about cities and states giving away tax breaks to companies and corporations so they would hopefully relocate in their areas and what does Jefferson City do, instead? Why they're giving yet MORE tax breaks to them. From the news today: Analysis: Mo. proposal revamps business incentives JEFFERSON CITY (AP) - "A proposed overhaul of Missouri's business incentives could make it easier for companies to qualify for tax breaks. Some also could qualify for more money, and for a few it could be like winning the lottery, because they could choose between cash upfront or a stream of payments in the coming years." So guess what, folks? You and I are going to be spending yet more of our incomes on the tax base and schools and infrastructure because that money has to come from SOMEWHERE and apparently our representatives have been bought one more time by the corporations, their lobbyists and money. You and I have been sold down the river one more time. At what point are we going to get "campaign contributions" (bribes) out of our political system and campaigns? It isn't going to happen unless and until we all demand it, you know. Link: http://www.komu.com/news/analysis-mo-proposal-revamps-business-incentives/

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