Sony Tax Abatement Compliance
Tax abatement for Sony
is a bunch of baloney.
The council shows lax oversight.
When paperwork isn’t right,
they act ready to fight.
But it’s meaningless bluster –
alterations pass muster.
The tax break’s not rescinded:
it’s not even amended.
With finances in the red,
we need bold moves, but instead
council members continue
rewarding a select few
purported job creators.
Not being innovators
DADC’s doomed to die.
And what’s even worse – they lie.
19.41’s the rate
Sony promised. It sounds great!
But do you believe it’s true?
Our city council seems to.
Maybe they need to subtract
workers hired by contract
via Employment Plus.
(Some are brought in by bus.)
Their nine bucks an hour pay
is far from what the forms say.
To check if Sony’s compliant
council remains reliant
on corporate honesty.
Sadly, that commodity
is often in short supply.
Persons such you or I
cannot prove or quantify
our economic impacts,
so we can’t alter our tax.
Big employers have clout –
if thwarted they will move out!
Those “good” jobs will disappear –
best kiss Sony on the rear.
Budget woes can be deflected
until they all get re-elected.
Related Images:
This is funny, I now work for Sony, but not for long. They don’t really need the tax abatement because they’ll be closing soon anyway. Rumor has it that they’ll last another 5+ years, but not more than 10. I have 1 more month in that wretched place, then on to a “real” job.
Oh, I work with one of the plant supervisors and he has even told me that he doesn’t think it’ll last 5 years, so he’s been looking for a new job already.
Another fun fact is that Sony – a Japanese company – is divesting in the US and will be moving the majority of it’s production and storage to a cheaper country, possibly China or India. I can get sources for all of this if you’d like. 🙂
Have a nice day Terre Haute! 😀
Sony DADC is too big to deny. Besides, they were represented by political lobbyist/lawyer Rick Shagley, which adds political clout to this corrupt process.
Corporate Welfare in short. Favoritism and financial benefit for the already-rich.