Nov 5, 2007
The State of Michigan approved tax credits for Chrysler LLC to renovate its Jefferson North Assembly Plant in Detroit.
The state’s Economic Growth Authority said the credits would help “create or retain up to 1,419 jobs, including a minimum of 400 directly by the company.”
Since the plant now has 2,400 workers, evidently the state is ready to give Chrysler credits for eliminating at least 981 jobs!
But it’s even worse. Since all 2,400 workers are now employed “directly by the company,” the state will give that money even if Chrysler subcontracts 1,019 of the 1,419 jobs remaining! The state will subsidize a shift to a lower paid work force.
And what are Chrysler’s plans? The numbers speak for themselves.
Like they say: “Your tax dollars at work” – for the biggest thieves in the world!