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Home arrow Resources arrow Small Business News arrow Tax Cuts vs. Corporate Welfare
Tax Cuts vs. Corporate Welfare
Written by NFIB.COM   
Wednesday, 07 November 2007
A performance audit of the state's economic development programs has revealed that millions of tax dollars were delivered to large companies that failed to meet promised job-creation goals while many companies shut their doors and left without re-paying their commitments to the state. The report by the state Auditor General on Pennsylvania's Opportunity Grant Program also noted little accountability in regards to how grants were distributed. The critical findings have led to calls by some lawmakers to scrap the "corporate welfare" program and support broad-based business tax cuts as away to spur economic growth.
Read more at: http://www.nfib.com/object/IO_35281.html.
Last Updated ( Wednesday, 02 January 2008 )
 
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