Active Users:1132 Time:14/11/2024 06:08:53 AM
I work on Enterprise Zone audits Dark Knight Send a noteboard - 22/08/2011 06:17:17 PM
Another example of his conservative heresy is the Texas Enterprise Fund, which Perry seem to be especially proud of. The purpose of the Fund is to dole out public money to lure companies to Texas. It has created tens of thousands of jobs in the state, but critics have not incorrectly, labeled it “corporate welfare,” a slush fund for well-connected businesses. The Observer investigated the fund in 2010 and found that several companies with political ties to Perry had received state grants. Some Texas Tea Party activists have been especially critical of Perry's Enterprise Fund, labeling it a quintessential example of wasteful government spending.


This paragraph is misleading. Companies who meet certain criteria of hiring and investing heavy capital in economically depressed areas are eligible to receive a refund on the sales tax they paid in connection with the Enterprise project. Depending on the capital invested and the number of eligible jobs created or maintained for the project, a company can get a max refund of $3.75 million for the project. They, of course, had to spend that much money in sales tax. So it's not quite as cut and dry as this article makes it sound.

Formerly Mat Bloody Cauthon on Wotmania, blessed be its name
Reply to message
Is Rick Perry the GOPs Future--or Americas New Reality? - 22/08/2011 04:34:38 PM 711 Views
far left rags don't like Rick Perry, now that is a shocker *NM* - 22/08/2011 05:11:00 PM 134 Views
Big picture, man. - 22/08/2011 05:21:23 PM 294 Views
sorry I fell asleep somewhere in the middle of HPV vaccinations - 22/08/2011 05:46:55 PM 412 Views
When she starts talking about what supporters will do to opponents, that comparison will work. - 22/08/2011 06:13:24 PM 461 Views
no I just get tired of all the pissing and moaning about how mean republicans are - 22/08/2011 06:28:13 PM 351 Views
Not playing the D/R game. - 22/08/2011 06:32:15 PM 313 Views
Joel that is such BS - 22/08/2011 06:47:52 PM 281 Views
Excuse me, but you're the only one citing mean attacks by either side against the other. - 22/08/2011 06:59:37 PM 423 Views
did you hit your head Joel? - 22/08/2011 07:32:10 PM 260 Views
Separate issue, but talking about what your supporters will do to people isn't very complex code. - 22/08/2011 08:08:56 PM 328 Views
that argument only holds up if you ignore what he said and insert what you decided to hear *NM* - 22/08/2011 08:37:26 PM 153 Views
The quote's on record and speaks for itself. - 22/08/2011 08:41:19 PM 285 Views
I agree and it doesn't call on anyone to do anything to anyone - 22/08/2011 10:17:59 PM 291 Views
You guys remind me of those two on the old Star Trek episode "Let This Be Your Last Battlefield". *NM* - 23/08/2011 01:14:54 AM 159 Views
I remember that one. *NM* - 23/08/2011 04:54:04 AM 147 Views
Riddle me fake left, riddle me fake right.... - 23/08/2011 05:42:46 PM 293 Views
I work on Enterprise Zone audits - 22/08/2011 06:17:17 PM 308 Views
shhh this isn't about facts it is about emotions *NM* - 22/08/2011 06:29:17 PM 141 Views
We're still talking public funds though. - 22/08/2011 06:30:34 PM 420 Views
I don't understand the handing out part - 22/08/2011 06:39:15 PM 301 Views
It comes from the "grants" part. - 22/08/2011 06:45:33 PM 449 Views
Hmm this grant must be different - 22/08/2011 06:58:20 PM 268 Views
That's what it sounds like. - 22/08/2011 07:00:58 PM 297 Views
It looks like it - 22/08/2011 07:09:13 PM 331 Views

Reply to Message