Should your state income tax go to the state or to your boss?

Can we end Corporate welfare already?

My congratulations to workers in 16 states – from Maine to
Georgia, New Jersey to Colorado! Many of you will be thrilled to know
that the income taxes deducted from your paychecks each month are going
to a very worthy cause: your corporate boss.

Good Jobs First, a non-profit, non-partisan research center, has
analyzed state programs meant to create jobs, but instead have created
some $700 million a year in corporate welfare. This scam starts with the
normal practice of corporations withholding from each employee's
monthly check the state income taxes their workers owe. But rather than
remitting this money to pay for state services, these 16 states simply
allow the corporations to keep the tax payments for themselves! Adding
to the funkiness of taxation-by-corporation, the bosses don't even have
to tell workers that the company is siphoning off their state taxes for
its own fun and profit.

These heists are rationalized in the name of "job creation," but
that's a hoax, too. They're really just bribes the states pay to get
corporations to move existing jobs from one state to another, or they're
hostage payments to corporations that demand the public's money – or
else they'll move their jobs out of state.

Last year, Kansas used workers' withholding taxes to bribe AMC
Entertainment with a $47 million payment to move its headquarters from
downtown Kansas City, Missouri, to a KC suburb on the Kansas side, just
10 miles away. What a ripoff! Among the 2,700 corporations cashing in on
such absurd diversions of state taxes from public need to private greed
are Goldman Sachs, GE, Motorola, and Procter & Gamble.

For more information – and for ways you can help stop this
despicable giveaway – get the full report, entitled "Paying Taxes to the
Boss." It's available at www.GoodJobsFirst.org.