In Illinois, the state government has finally cut out the middle man: The state government. Yup, rather than taxing individuals to pay for corporate welfare, Illinois now permits some of its largest employers to simply pocket the payroll withholdings of its employees: half the state income tax for existing employees, all of it for new hires.
See, Illinois wanted to incentivize big companies like Ford, Chrysler, Motorola, and Mitsubishi to keep jobs in state, but since none of these companies paid much in the way of state corporate income tax, tax cuts just weren't a viable option. Their solution: Taxpayers now pay taxes directly to these corporations. Really. You know... the free market at work.
And folks wonder why the 99 Percent are so pissed off?