Propaganda Pre$$ Monitor: State Tax Take

Tuesday, December 8, 2009

State Tax Take

“That’s how we got into this mess in the first place, by overestimating revenue.’’

Yeah, they do it ALL the TIME!!!

But RATHER than GIVE IT BACK to US, they would rather SHOVEL it at the USUAL SUSPECTS!!!

"State beefs up tax incentive spending" by Todd Wallack, Globe Staff | December 3, 2009

Even as Massachusetts is forced to cut spending on some government programs, the state is ramping up spending on tax incentives to encourage companies to move to Massachusetts or expand here, according to a report by a Boston nonprofit research group.

Also see: EMC Moving Out of Massachusetts

Evergreen Grows Tall in China

Game Report: Mass. Loses to Michigan

NO ONE wants to stay here, do they?

Think the TAX INCREASES HELPED?

The state is expected to spend roughly $1.7 billion on economic development tax incentives in fiscal year 2010, up 4 percent from 2009, according to the Massachusetts Budget and Policy Center. That compares to a 2.8 percent decline in overall budget appropriations.

Yup, $600 MILLION in cuts while ALMOST $2 BILLION in TAXPAYER LOOT is TOSSED AWAY to SPECIAL INTERESTS!!!!

The policy center said one explanation for the increase in tax incentives is that unlike traditional government spending, tax incentives do not need to be approved every year by the Legislature and are often excluded when budget cuts need to be made.

Yeah, because THOSE INTERESTS are WHOM the STATE WORKS!

In addition, the state has seen an increase in spending from some relatively new incentives for the film industry and life science companies. The state is expected to spend $150 million on film tax subsidies and $25 million for the life sciences incentive program in 2010.

Is that TRULY where you want YOUR TAX DOLLARS going, Bay Stater?

By contrast, the state is spending less money on workforce training, job placement, tourism, and other programs designed to spur economic development....

Because THEY DON'T GIVE a F*** about YOU, citizen!!!

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And THIS PROVES IT:

Massachusetts Residents Taken For a Ride on the T

State Keeps Watering Evergreen

The State Budget Swindle