Corporate Welfare Alive And Well Before The Election......
What we hear is the State Of Ct is not a good state to do business. The taxes are too high and the regulations are too much.
What we see is the State Of CT handing out free money to corporations all the time.
Corporations like Praxair receiving $30 million dollars.
This is the same Praxair that reported record profits just months ago. Record profits meaning more profit than the company has ever made before. Yet the same company turns their pockets inside out and insists on government welfare to fund their business.
When it comes to funding CT schools we are told there is no money for that. Schools must be cut.
But money for corporations (making record profits) there is always money for that.
But companies paying taxes….HAHAHAHA No way. Paying taxes is a burden.
Companies receiving tax payer money though….Yes please. Hand it over.
“The Department of Economic and Community Development will provide a $10 million FORGIVABLE loan”
Raise your hand if you have ever received a “forgivable loan”. What bank is handing those out? I have a car loan but guess what…It is not forgiveable. It is forgiveable once I pay it all off with interest. My mortgage is not forgivable either. The bank expects all that money back too.
Only a corporation can receive a forgivable loan, because it is funded with your tax dollars.
After these corporations receive all the free “forgivable” money they are only too happy to tell you how annoying the government is.
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