The great American jobs scam : corporate tax dodging and the myth of job creation
(eBook)

Book Cover
Average Rating
Published
San Francisco, Calif. : Berrett-Koehler Publishers, ©2005.
Edition
1st ed.
ISBN
9781605096148, 1605096148, 9781609943516, 1609943511, 1283268582, 9781283268585
Physical Desc
1 online resource (xi, 290 pages) : illustrations
Status

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Format
eBook
Language
English

Notes

General Note
"Foreword by William Greider"--Cover.
Bibliography
Includes bibliographical references and index.
Description
For the past 20 years, corporations have been receiving huge tax breaks and subsidies in the name of jobs, jobs, jobs. But, as Greg LeRoy demonstrates in this important new book, it's become a costly scam. Playing states and communities off against each other in a bidding war for jobs, corporations reduce their taxes to next-to-nothing and win subsidy packages that routinely exceed $100,000 per job. But the subsidies come with few strings attached. So companies feel free to provide fewer jobs, or none at all, or even outsource and lay people off. They are also free to pay poverty wages without health care or other benefits. All too often, communities lose twice. They lose jobs--or gain jobs so low-paying they do nothing to help the community--and lose revenue due to the huge corporate tax breaks. That means fewer resources for maintaining schools, public services, and infrastructure. In the end, the local governments that were hoping for economic revitalization are actually worse off. They're forced to raise taxes on struggling small businesses and working families, or reduce services, or both. Greg LeRoy uses up-to-the-minute examples, naming names--including Wal-Mart, Raytheon, Fidelity, Bank of America, Dell, and Boeing--to reveal how the process works. He shows how carefully corporations orchestrate the bidding wars between states and communities. He exposes shadowy site location consultants who play both sides against the middle, and he dissects government and corporate mumbo-jumbo with plain talk. The book concludes by offering common-sense reforms that will give taxpayers powerful new tools to deter future abuses and redirect taxpayer investments in ways that will really pay off.
Local note
O'Reilly,O'Reilly Online Learning Platform: Academic Edition (EZproxy Access)

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Citations

APA Citation, 7th Edition (style guide)

LeRoy, G. (2005). The great American jobs scam: corporate tax dodging and the myth of job creation . Berrett-Koehler Publishers.

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

LeRoy, Greg. 2005. The Great American Jobs Scam: Corporate Tax Dodging and the Myth of Job Creation. Berrett-Koehler Publishers.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

LeRoy, Greg. The Great American Jobs Scam: Corporate Tax Dodging and the Myth of Job Creation Berrett-Koehler Publishers, 2005.

MLA Citation, 9th Edition (style guide)

LeRoy, Greg. The Great American Jobs Scam: Corporate Tax Dodging and the Myth of Job Creation Berrett-Koehler Publishers, 2005.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.