Hiring Lobbyist Instead of Employees?
Posted on Monday, July 4th, 2011 at 4:24 pm
Paul Krugman says large corporations are hoarding money and hiring lobbyist to get more tax breaks instead of investing in the economy.
THE PROBLEM: Tax breaks are granted to these large corporations to encourage investment in the U.S. economy. Instead of investing in the economy, these large corporations appear to be paying dividends, paying down debt, buying other companies and hiring lobbyist to get more tax breaks. Doing everything BUT putting money back into the general economy according to Paul Krugman.
Click the following link to get Paul Krugman’s opinion about where your “economy boosting” tax break dollars are going. Corporate Cash Con by Paul Krugman in the New York Times.