Tag Archives: Seattle

Kshama Sawant Is Right About Boeing

By Matson  Boyd

This past November, after Boeing threatened to leave Washington State, the state passed a bill to give Boeing the largest tax break any state has ever granted a company: $8.7 billion from now until 2040. Boeing wasn’t in financial difficulty. In fact, in December they gave $10 billion back to shareholders in the form of a stock buy-back. Instead it was relatively routine extortion, part of the accelerating race to the bottom that has transferred massive wealth from communities to corporations. Most analysts acknowledge that this is an absurd situation, the only divide is between those who think there is nothing we can do, and those who say it is time to take a stand.

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Seattle City Councillor Kshama Sawant (Wikimedia Commons)

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