The Great American Jobs Scam
Corporate Tax Dodging and the Myth of Job Creation
What do Wal-Mart, Dell, Fidelity Investments, Boeing, and Cabela’s have in common? They’re all part of a $50 billion a year scam in which—in the name of "job creation"—corporations play states and cities against each other to win hefty taxpayer subsidies that routinely exceed $100,000 per job. But do they provide more jobs, higher wages, or improved living standards in exchange? Greg LeRoy exposes these deals for what they are—no-strings-attached free rides for corporations that rarely create any new jobs. In fact, after securing these packages, many companies lay people off, pay poverty wages, or even relocate to other states.
This is the Great American Jobs Scam: a costly bait-and-switch that swindles communities in more ways than one. They lose…