Pence: King of Corporate Tax Subsidies

Trump would have America believe that he and Gov. Pence are wizardlike job-saving innovators with their $7 million tax bargain with United Technologies to save about 1,000 Carrier Corp. jobs — at a cost of $7,000 per job over ten years, and with the employee concession package remaining an x-factor in the deal.

In truth, Indiana has been handing-out corporate tax breaks like candy to multiple large and successful ventures, the bulk of them since 2011. Good Jobs First, a non-partisan, non-profit organization, tracks corporate subsidies. They report that Indiana is the sixth worst in the nation in terms of ceding revenues to the private sector. The state has forked-over nearly $8.3 billion in recent years to over 9,000 companies.

Below is a chart listing the top ten corporate welfare queens in the Hoosier State. Good Jobs First reports that the vast majority of these deals occurred in the past 5 years. For the full report click here.

indiana-tax-subsidies

Indiana’s top ten corporate welfare queens. Source: GJF

Pence has sucked his gullible boss into a scam.

DSCN0444Amy Kerr Hardin

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2 Responses to Pence: King of Corporate Tax Subsidies

  1. Bob M says:

    I can’t wait to see the gulable employee taking a pay cut, don’t forget they don’t believe in minuim wage, or health care.

  2. joe know says:

    I didn’t vote trump, but get over it already, He is POTUS for now, hopefully only 4 years, but enough crying, and get some work done, like how to get blue collar workers to vote blue again. If the dems would back us, instead of treating us like a blank check, Trump would have lost.

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