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/

Can't we kill the tax deductions for taking American jobs offshore? Please?

Following are just two of the "19 Facts About the De-industrialization of America That Will Make You Weep" from Business Insider:

• One prominent economist is projecting that the Chinese economy will be three times larger than the U.S. economy by the year 2040.
• The Census Bureau says 43.6 million Americans are now living in poverty, which is the highest number of poor Americans in the 51 years that records have been kept.

If you just look at these two alone, you can see that China is rising and increasing its manufacturing, money and power, while, at the same time, we--the US--are losing our money, manufacturing capacity and power.


But check this out---when the Democrats put up a bill to do away with tax incentives given to companies that take jobs offshore, the Republicans voted it down.  


Naturally.  If it's by the Democrats, they have to vote against it, even if it's good for the country.


Let me say again, folks:  If the Democrats come up with something, anything, good for this country between now and November, 2012's election, the Republicans are going to vote against it, country be damned.


Of course, they won't want to vote for anything this President wants, either, good or bad for the country, same thing, but they also don't want to vote for anything their corporate owners or overlords or whatever you want to call them, don't like or want.


Unless we can get the Republican House to do things good for the American people, the American manufacturing base (and I don't mean just more tax deductions for companies and corporations) and the American people, we're in a world of hurt.


It doesn't look good for us.

Link to original post:  http://www.businessinsider.com/deindustrialization-factory-closing-2010-9#the-united-states-has-lost-approximately-42400-factories-since-2001-1