It’s no surprise that a corporation can get state tax breaks if they are large enough and have enough political influence and if they promise to employ large numbers in the state. But somebody has to pay for such tax breaks and it’s the rest of us common taxpayers who get that dubious honor, so I propose an excise tax, perhaps 1/2 percent or 1 percent, on the income of employees of those companies. It would be a deduction on those employees’ federal income tax and not available to the rest of us, which should lessen the financial impact.
The corporation shouldn’t care; it wouldn’t be a direct tax on their operation and they care about their employees only so long as their profits are not lessened.
Why should seniors, retirees and all other taxpayers pay for those generous freebies? For that matter, why should seniors and retirees pay the full amount of school levies, but don’t get me started on that issue.
