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The Great American Jobs Scam: Corporate Tax Dodging and the Myth of Job Creation
Greg Leroy

The Great American Jobs Scam: Corporate Tax Dodging and the Myth of Job Creation - image
Rating: 4.5/5 Stars
Rank: 4645
A well-written book by a real expert
(Iowa City, IA) July 5, 2005 - 5.0/5 stars

As Greg LeRoy makes abundantly clear through one rich example after another, state and local governments are spending taxpayers' money with abandon in the name of "economic development" and not producing the desired results: more and better jobs.

And he puts these examples into context, explaining how the estimated $50 billion a year in business subsidies has resulted in a huge shift in the nation's tax burden - from large corporations to ordinary citizens.

For over 20 years, Greg LeRoy has been on the front lines of the effort to make state and local government economic development programs smarter and more accountable.

And he and the local leaders and local organizations that he has worked with in various parts of the country have had some notable successes in adding disclosure and evaluation requirements, and job quality standards, to some of these programs. Some states and localities have even adopted money-back-guarantee requirements (frequently called "clawbacks") to deal with the countless number of situations (many good examples of which are given in this book) in which firms take big subsidies from the government and then fail to deliver on their job creation and job retention promises, and sometimes even cut their workforces substantially

I have had the pleasure of knowing and working with Greg LeRoy since 1994 and I am continually amazed by his mastery of this important subject.

In this book, Greg distills his vast knowledge and experience into a well-written and entertaining volume that doesn't just explain what is going on but tells us why and what we can do to change things.

Anyone who wants to improve the American economy will benefit from reading this book.

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Customer Review: 4 of 7



Customer Reviews


The Great American Jobs Scam: Corporate Tax Dodging and the Myth of Job Creation
Greg Leroy

Customer Review 3 - 5 of 7
3.An Important and Compelling Book
(Iowa City, IA) July 17, 2005 - 5.0/5 stars
I hope the people who really need to read this book do read it--the state legislators and local officials who have been seduced by the arguments of the "job scammers," as Greg LeRoy calls them. As an academic economist... read full review
Current Review
4.A well-written book by a real expert
(Iowa City, IA) July 5, 2005 - 5.0/5 stars
As Greg LeRoy makes abundantly clear through one rich example after another, state and local governments are spending taxpayers' money with abandon in the name of "economic development" and not producing the desired results:... read full review
5.Exposing Corporate Extortion of Taxpayers
(Raleigh, NC) July 7, 2005 - 5.0/5 stars
Across the country, state legislatures appropriate millions of taxpayer dollars each year on "corporate jobs incentives" under the guise of "economic development and job creation". Greg LeRoy manages to shed light on... read full review




Editorials

Sample 3 of 8

The Great American Jobs Scam: Corporate Tax Dodging and the Myth of Job Creation
Greg Leroy
 Jim Hightower, author, Thieves in High Places and Let’s Stop Beating Around the Bush
LeRoy reveals why corporate tax cuts don’t work: corporations get huge subsidies while workers get trickle-down lip service.
 Carl Pope, Exective Director, Sierra Club
Companies like Wal-Mart aren’t going to want you to read this book—all the more reason why you should.
 Book Description
For the past 20 years, corporations have been receiving huge tax breaks and subsidies in the name of "jobs, jobs, jobs." But, as Greg LeRoy demonstrates in this important new book, it’s become a costly scam. Playing... read full editorial





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