Saturday, December 04, 2010

My taxes are too high, now give me more handouts

In the last few days, I’ve read two stories about GlobalFoundries, which is constructing a chip fab plant in Malta with $1,300,000,000 (and counting) in subsidies from the taxpayers.

One article was them whining about New York state taxes and fees.

Another was about how they were allegedly going to create 400 jobs with another almost $16,000,000 in subsidies from already strapped new York state.

And despite getting $1.3 billion in subsidies, they're balking about a claimed $94 million discrprency in their property tax assessment by the town of Malta. Haven't they milked the taxpayers enough?

Maybe a reason taxes and the budget deficit are so high in NYS and is because we’re shoveling so much money toward this sort of corporate welfare. But if some mom on food stamps buys a $3 Red Bull, now THAT’S the real outrage.


Update: As if that sort of bad neighborliness isn't enough, Planet Albany blog reports on serious concerns by local officials about the storage of hazardous chemicals in undisclosed, off-site locations.

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