“They give them a corporate tax break, you give them a property tax break, you give them an unemployment insurance tax break, and they're there for a year, they take it all and they leave.”
The Weekly Show with Jon Stewart · A Working (Class) Economy with Kathryn Anne Edwards
Play from 25:06
25:06
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What was described
advise localities not to offer corporate tax, property tax, or unemployment insurance breaks to attract companies
Said nearby on the same subject
“If a corporation replaces a human worker with an algorithm, that algorithm should still trigger FICA taxes. The company pays into pension funds to maintain the social safety net.”
“We decided to lower VAT tax on fuel. We lowered excise tax on fuel. But we did it responsibly by introducing windfall tax on oil companies that right now generate really huge margins”