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Reply #8: Here it is, the beginning of third world corporate zones [View All]

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EmeraldCityGrl Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-10-10 07:42 PM
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8. Here it is, the beginning of third world corporate zones
The downsizing of Detroit is closely related to plans to create a tax haven in the city, whereby big business, including auto manufacturing, will be able to take advantage of cheap land, poverty-level wages, and huge tax breaks. The Detroit Regional Chamber, a commercial lobbying organization whose board is made up of leading Michigan business figures, is heavily promoting this idea.
When asked by the Detroit Free Press whether he was “open to creating tax free zones in the city,” Bing, who is a vocal supporter of President Barack Obama’s extension of tax cuts for the wealthy, responded, “Absolutely.”



I'm without words.
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