The Iowa State Department of Economic Development picks just
50 or 60 companies each year to receive that $750 million. The thousands of
other Iowa businesses that pay 100% of their taxes and create almost all of the
jobs do not receive a single penny of funding from the State. In addition to a billion dollars that is
given to just a few companies with political connections, many other large
corporate entities receive huge tax credits. Some of the largest Iowa companies
receive both; a case in point, is Rockwell Collins that pays absolutely
nothing in State Taxes on nearly 5
billion of annual revenue, and then in turn they demand an annual $15 million as a cash gift from Iowa tax
payers. Branstad then places CEO Clay Jones on the State Economic Cronie Council.
Branstad, and Iowa legislators have this totally backwards;
It is not the place of government to give $750 million dollars to only 50 or 60 companies that the State
chooses as winners in this political
patronage game. Let private business
function in a fair and open free market.
It would take a lot less than this $750 million of unfair corporate welfare to provide a basic safety net for those at
the very bottom of the economic heap. Their welfare and raw survival is
actually threatened, and our Governor
turns his back on them. The Governor's
attitude and action is totally counter to the moral and ethical foundations of
this state. It's time for Branstad to
retire from his Statehouse gig and move on to a cushy corporate job as a reward
for his undying loyalty to the wealthiest among us.
Governor, so you veto a mere $500,000 for a food bank for
the "least among us" while you strongly
advocate for the largesse of corporate welfare?
Governor, you are an embarrassment to
the people of Iowa and our long standing ethic of caring for one another. If you want to have the least among us stand
on their own two feet, then deliver on your empty campaign promise of 250,000 new jobs for Iowans and a 20%
increase in the income of every Iowa household. We need leadership in Iowa, not a career politician that delivers totally empty promises just to get