Office Depot Capitalists demand Illinois Taxpayers pay them or else

Corporate Tax Subsides should be relabeled The Pleasure of Working For Us Tax. Office Depot and OfficeMax merged earlier this year and since that business announcement have been playing Illinois and Florida off against each other in the never ending Race-to-the-Bottom.

This has been a standard tactic of Corporations. They learned long ago workers are interchangeable and that by going to legislatures they could get State Governments to provide them with legally constructed tax havens and public assistance.

On December 10th, Office Depot announced their newly merged company will put its headquarters in Boca Raton, not at the existing OfficeMax offices in Naperville, Illinois. This despite a promise by the Illinois Government to pay them $53 million in welfare over 15 years.

And all Office Depot would have had to do would be to promise to keep 2000 clerical jobs in Illinois for that welfare. The vast majority of products sold in these stores are not made in Illinois or Florida, but China. Some paper products are produced by the Illinois company North American Paper.

So, while the Office Depot Corporate Welfare deal fell through, Sears Inc and CME Group still received millions of Illinois Tax Payer Dollars in the last 2 years and are promised hundreds of millions more over the next decade and a half.

Meanwhile, 80,000 Illinois residents are set to lose Federal Unemployment benefits in January, while 109,000 Illinois residents collecting State benefits would be unaffected at first.

"While today’s job growth allows most newly unemployed individuals to find work after a several weeks, the long-term unemployed face additional hurdles," Illinois Department of Employment Security (IDES) Director Jay Rowell said in a prepared statement." Ending this modest program based on a calendar date rather than economic principles and job skills could slow economic growth."

That's because benefits paid to Illinois residents are often immediately are pumped back into the economy in terms of purchases or rent, while money given to Corporations is funneled away from the state. After Sears received their Illinois Welfare in December 2011 they closed 2 Sears and 3 K-Mart stores in the State, 3 months later. They got their money from the State and left.

"I'm a Wealth of Nations guy," Republican Congressman So and So stated on MSNBC during the Republican Government Shutdown.

I seriously doubt that Republican So and So has actually read The Wealth of Nations. It's one of those books people place on their mantle to look smart and a phrase that right-wingers trot out as way of an argument instead of actually defending their positions. 

It's allows the Republican or Right-Winger to merely say the words, 'Bible. Wealth of Nations. Freedom. Flag. Founding Fathers. Ronald Reagan.' They don't actually say anything when confronted on the actual failings of their sick and twisted ideology.

Similarly, when Republicans want to attack they say, 'Liberalism. Marxism. Entitlements. Mainstream Media.' and so forth.

It's not an actual argument to make vague allusions to phrases or concepts but it is a good stimulus-response mechanism. It's all designed to invoke emotional r-brain responses in their duped and unthinking conservatives dronez.

What we are seeing in Illinois with Sears, CME Group and Office Depot and with thousands of Corporations across the Nation is Capitalism in action. Capitalism is the Privatizing of Profits and the Subsidizing of Losses.