Konni Burton: Stop Throwing Our Tax Dollars to Big Business
4 Highlights from Senator Burton’s TribTalk Perspective this week:
- Abolish the Enterprise Fund. She doesn’t like economic incentives to Facebook.
- Companies that make a lot of money should not be subsidized, like Facebook was.
- Bills like, HB 2712 (Geren/Hancock), that are written for specific companies also not good.
- When the # of jobs and pay rate does not exceed the cost of the public investment, not good. Facebook jobs are costing Texas about $183,000 per Facebook job.
Cogitate: The liklihood that this is a Tea Party signal that economic development is still in its crosshairs?