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Book - Customer Review:5
The Great American Jobs Scam: Corporate Tax Dodging and the Myth of Job Creation
Greg Leroy
Rating: 4.5/5 Stars
Rank: 4645
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 the fallacy of these programs, using real life examples to prove that
"incentives" are simply corporate welfare schemes that do little more than
pad the pockets of hugely profitable corporations - while providing photo
ops for politicians.
As a longtime advocate for small
business owners, who are responsible for the vast majority of new job
creation despite their lack of eligibility for taxpayer subsidies, I have
been frustrated by the ridiculous and baseless defenses used by lawmakers
to justify using taxpayer dollars in this egregious manner.
LeRoy narrows
down a comprehensive study of the issue into an illuminating and ultimately
readable treatise, wading through the many different forms that subsidies
take - from outright cash hand-outs to Tax Increment Financing (TIF's) -
and ultimately providing ample evidence that the "if you build it, they
will come" approach is NOT responsible for new job creation in
America.
This book is a public policy manual for our time;
required reading for elected officials at every level who have voted - or
are thinking about voting - for targeted tax subsidies. These lawmakers
are creating an escalating "Economic War Between the States" at the
expense of lower taxes, fair competition, and improved public services for
all.
For citizens (and taxpayers), LeRoy will enlist your
outrage.
For lawmakers who have voted against such
disgraceful scams, he provides all the evidence needed to defend that vote
in the face of a society which has been brainwashed to believe that
"incentives = jobs".
Nothing could be further from the
truth, and Greg LeRoy proves it.
Customer Review: 5 of 7
Customer Reviews
The Great American Jobs Scam: Corporate Tax Dodging and the Myth of Job Creation
Greg Leroy
Customer Review
4 - 6 of 7
![]() | | 4. | A well-written book by a real expert | | 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 |
![]() | | Current 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 |
![]() | | 6. | Must Reading for Social Equity Advocates | | (Sacramento, CA) July 6, 2005 - 5.0/5 stars | | Just as he did so eloquently in "No More Candy Store", Greg LeRoy exposes
the dirty little secret behind economic development tax subsidies which
are no more than corporate welfare give aways. Anyone working in
communities... read full review |
Editorials
Sample 3 of 8
The Great American Jobs Scam: Corporate Tax Dodging and the Myth of Job Creation
Greg Leroy
![]() | | | From Publishers Weekly | | Founder and director of the nonprofit center Good Jobs First, LeRoy offers
a parade of damning case studies showing why communities should not woo
corporations with subsidies. Corporate tactics, he finds, include... read full editorial |
![]() | | | 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. |
![]() | | | Joe Trippi, author, The Revolution Will Not Be Televised: Democracy, the Internet, and the Overthrow of Everything | | This book is one-stop shopping for every citizen who wants to understand
why and how corporate welfare doesnt work. |
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