Thursday, February 12, 2009

Day 15 - Dateline: Fantasy Island (Part I)

Tuesday, February 11

Another corporate bailout sails through as Delta and others get fuel tax breaks further reducing the state’s income to fund budget shortfalls for services. Said Rep. Roberta Abdul-Salaam from the well: "It is incumbent upon the state of Georgia to educate our children; it is not incumbent upon the state of Georgia to bail out private companies." In other words, with all the cuts we've made to services like education this year, why on earth would the House vote to reduce the state's revenues?

Georgia’s legislature has been giving out tax breaks to corporations for a long time. There isn’t even a list of who has received long-forgotten favoritism. And no one evaluates whether the breaks are still appropriate. The conservative mantra has been that tax cuts are best given to business so they can trickle down benefits to everyone. And how has that theory been working out for us? Time to look at who gets what, why they got it and did they do what they prom ised in exchange for the break.

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