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Book - Customer Review:4
The Great American Jobs Scam: Corporate Tax Dodging and the Myth of Job Creation
Greg Leroy
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.
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 Lets Stop Beating Around the Bush | | LeRoy reveals why corporate tax cuts dont work: corporations get huge
subsidies while workers get trickle-down lip service. |
![]() | | | Carl Pope, Exective Director, Sierra Club | | Companies like Wal-Mart arent going to want you to read this
bookall 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, its become a costly scam.
Playing... read full editorial |
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