Wednesday, February 15, 2012

Alabama Legislators Might Allow Corporations to Keep Employees’ Income Taxes

http://blog.locustfork.net/2012/02/afl-cio-opposes-legislation-to-allow-corporations-to-keep-employees-income-taxes/

February 15th, 2012
by Glynn Wilson

MONTGOMERY, Ala. — The Alabama branch of the AFL-CIO is mounting an opposition campaign to try and stop passage of bills in the state Legislature that would create another amendment to the state’s already overburdened constitution that would allow corporations to keep their employees income tax withholdings.

“The Alabama AFL-CIO is very much in favor of job creation in the state, even if incentives are required to get them,” state AFL-CIO president Al Henley said. “But we believe taking money from the Education Trust Fund and denying our children as good an education as possible to get the jobs is a horrible idea.”

If passed by both houses and signed into law by the governor, House Bills 159 and 160 would have to be approved by voters at the polls in November to become law.

“It is a sorry state of affairs when Alabama taxpayers have to give the wealthiest corporations in the world money to stay in the state,” Henley said.


He compared the proposals to organized crime forcing business owners to pay for protection from the mob.

“What they’re doing is saying ‘if you don’t give us some money, we’ll pack up our plant and take away your job.’ It’s nothing less than extortion,” Henley said.


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