RSN: Mississippi Cuts $1.3 Billion from Schools, Gives $1.3 Billion to Nissan

If you still blindly follow Republican Failed Fiscal Policy like a sheep....

...you need to read the article by Carl Gibson and think about it.

....do you really support The Party of Dinosaurs that turns back the clock to the Gilded Age?




Excerpt:

In May of last year, the United Auto Workers released a study showing that Nissan’s Canton, Mississippi, plant was getting $1.33 billion in tax breaks from the state in return for Nissan’s promise to provide Mississippians with good-paying, full-time jobs. $850 million in tax breaks would be spaced out over a 30-year period, with $400 million in cash aid. Mississippi would even pay $90 million in interest on the debt incurred to reward Nissan with its lavish tax breaks. Mississippi has already given $378 million to Nissan, which paid for its access roads, water usage, and worker training. Nissan also gets to keep $160 million in income taxes from workers over the next 25 years, which would normally have gone to Mississippi’s public programs. No employer has gotten that sweet a deal from any state government.

 

However, out of all 5,200 workers at Nissan’s Canton plant, most of them are employed by temp agencies. Regular, full-time employees are paid over $23 per hour and have benefits, but the temp workers at the Canton plant are often hired for just half that amount, given no healthcare, retirement, benefits, or paid time off, and have very little job security. The automaker has even issued a 5-year wage freeze for its Mississippi workers even as the company pocketed $3.3 billion in profit last year.

 

Nissan likes to brag that it never lays people off, yet they don’t count temp workers who have been let go. While many other Nissan plants have unionized workforces, Nissan has indirectly threatened to close its Mississippi plant for good and move out of state if its workers organize.

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Carl Gibson | Mississippi Cuts $1.3 Billion from Schools, Gives $1.3 Billion to Nissan

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