The problem with business subsidies is that while they may benefit the targeted business and entice it to locate its operations within the county, they harm existing business and other taxpayers. Such policies do not generate net benefits for a city. Instead they simply hurt some and help others.

Therefore, there’s no such thing as a free subsidy. When a city decides to use tax dollars to entice a new company to set up shop in a community, that money has to come from somewhere. Local businesses and their employees must pay more in taxes and other costs to support the subsidized industry. This is why such programs are referred to as corporate welfare. Since higher taxes are an added cost of doing business, these subsidies depress economic growth for those businesses not receiving the subsidy. In reality the subsidies end up being a mechanism for transferring wealth from existing businesses to the subsidized businesses and the people who work for them.

HHR CHAT ROOM WILL BE OPEN ALL DAY TODAY  http://blackrepublicans.ning.com/  The questions today will be “How can the GOP win minority voters and secondly how can the party appeal to younger voters. In addition, the Philadelphia Enquire has some great quotes regarding why we lost and the road forward. Below are a few quotes from [...]

  We all know that the GOP has a problem with its minority outreach what do you see as the problem and how can we solve it? Please use the comments section to express your concerns and suggestions. Thanks