Business “Subsidies” Plummet 70% As Government Support Evaporates
by Tyler Durden
ZeroHedge.com
04/27/2016
In order to attract and retain small and big business alike, it’s long been a tactic by states and local governments to offer tax breaks. However, as times have got tough – and rules have changed – in Obama’s “recovery”, government subsidies to their cronies – of at least $50 million – have plummeted by 70% Bloomberg reports.
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