Wednesday, August 30, 2017

The Folly Of Corporate Welfare

State and local officials in Iowa have been working hard to rationalize their handout of more than $208 million in tax benefits to Apple, one of the world’s richest companies, for a data facility that will host 50 permanent jobs.

You can read the rest @
http://www.latimes.com/business/hiltzik/la-fi-hiltzik-apple-iowa-welfare-20170829-story.html

Corporations now tell governments what to do, not the other way round. And this will lead to governments going bankrupt, and corporations rising to even greater power in their place.

Welcome to the market state, in which the living dead (corporations) are more important than We The People.

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