Union: Stop tax breaks to companies violating labor laws
Source: NJ.com
Marisa Iati
Labor leaders on Tuesday asked a state agency to take back tax breaks from companies that violate labor laws.
The Retail, Wholesale and Department Store Union and the New Jersey AFL-CIO urged the New Jersey Economic Development Authority to create rules that would force companies to return the agency's funding if they broke major laws.
The labor organizers used as an example Indian food company Deep Foods, which got approval in 2012 to earn up to $26.9 million in state tax credits and which the organizers say has broken labor laws.
The Union Township-based firm is the 38th largest private company by global revenue in New Jersey and the fifth largest in Union County, according to NJBIZ.
FULL story at link.
Representatives from a workers' union and local advocacy groups met at Deep Foods headquarters Feb. 4, 2016, to urge the company to reinstate fired employees. (Marisa Iati | NJ Advance Media for NJ.com)
Read more: http://www.nj.com/union/index.ssf/2016/02/labor_union_asks_nj_to_unsubsidize_company_it_says.html
SoLeftIAmRight
(4,883 posts)No Tax Breaks for Criminal Corporations!
silvershadow
(10,336 posts)cstanleytech
(26,319 posts)of them earning under the poverty level should also be denied any federal tax breaks and or loopholes as well as large grocery chains and retailers like walmart are denied the ability to participate in processing any SNAP payments if they are over that 20% amount.