Surprise! AT&T and Verizon pocket huge tax breaks, employ fewer people

%name Surprise! AT&T and Verizon pocket huge tax breaks, employ fewer people by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

This may shock you, but giving large companies special tax deals doesn’t magically lead to full employment and economic paradise. The Wall Street Journal reports that both AT&T and Verizon started receiving huge tax breaks starting in 2008 as part of a stimulus package and since then have actually reduced their combined employee counts by around 100,000 people.

Continue reading…

Read more here:: Boy Genius Report

Posted in Mobile.