What’s ‘The Fine Print’ Hidden in Your Paycheck?
NewsHour featured a story on the Wednesday broadcast in which economics correspondent Paul Solman talks to David Cay Johnston about his book, “The Fine Print.” Here is an extra clip about a tax trick Johnston calls “one of the biggest scandals in America.”
According to Johnston, “Chrysler, Ford, Mitsubishi, Motorola Mobility — which is now Google, Navistar and the German tire maker Continental — all have these deals,” and they are not required to tell their employees.
Watch the video above to find out what giant companies like these are doing to persuasively “convince” state governments into giving big tax breaks.
This entry is cross-posted on the Rundown– NewsHour’s blog of news and insight.