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Liberty Index Act 130 of 2011 Five Buildings

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  • 8/2/2019 Liberty Index Act 130 of 2011 Five Buildings

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    Act 140 0f 2011 (Capital Budget and Redevelopment Assistance Capital Projects RACP) added

    $1.6 billion dollars toPennsylvania Taxpayers $121 Billion Dollar Debt

    With Act 130 of 2011, the General Assembly forced taxpayer to finance five private for profit

    big business billionaire corporations. These tax payer subsidies were, in effect, tax rebates to

    big businesses connected to the elected; taxpayers are forced to pay billions in corporatewelfare to big business corporations connected to the elected.

    What do the taxpayers get for this investment?

    Comcast Center Philadelphia Pennsylvania received a $30,000,000 taxpayer subsidy from

    Pennsylvania General Assembly

    Natalie Kostelni Philadelphia Business Journal 3 January 2005:In additionto the $30 million

    from the state, the Governor's Action Team worked with Comcast (NASDAQ: CMCSA) through

    the state's Department of Economic and Community Development to provide a financial

    package of $12.75 million that includes a $4 million opportunity grant, $6.75 million in job

    creation tax credits, and $2 million in job training assistance. In all, the project will receive a

    total of $42.75 million in financial incentives from the state, nearly the total amount spent last

    year in state and city incentives to retain six major employers in Center City.READ MORE

    BUSINESS JOURNAL 3 JANUARY 2005 ANDWIKIPEDIA

    http://www.commonwealthfoundation.org/research/detail/pennsylvania-government-debthttp://www.commonwealthfoundation.org/research/detail/pennsylvania-government-debthttp://www.commonwealthfoundation.org/research/detail/pennsylvania-government-debthttp://www.commonwealthfoundation.org/research/detail/pennsylvania-government-debthttp://www.bizjournals.com/philadelphia/stories/2005/01/03/daily1.html?jst=b_ln_hlhttp://www.bizjournals.com/philadelphia/stories/2005/01/03/daily1.html?jst=b_ln_hlhttp://www.bizjournals.com/philadelphia/stories/2005/01/03/daily1.html?jst=b_ln_hlhttp://www.bizjournals.com/philadelphia/stories/2005/01/03/daily1.html?jst=b_ln_hlhttp://www.bizjournals.com/philadelphia/stories/2005/01/03/daily1.html?jst=b_ln_hlhttp://www.bizjournals.com/philadelphia/stories/2005/01/03/daily1.html?jst=b_ln_hlhttp://www.bizjournals.com/philadelphia/stories/2005/01/03/daily1.html?jst=b_ln_hlhttp://www.bizjournals.com/philadelphia/stories/2005/01/03/daily1.html?jst=b_ln_hlhttp://en.wikipedia.org/wiki/Comcast_Center_%28Philadelphia%29http://en.wikipedia.org/wiki/Comcast_Center_%28Philadelphia%29http://en.wikipedia.org/wiki/Comcast_Center_%28Philadelphia%29http://upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Comcast_Philly.JPG/250px-Comcast_Philly.JPGhttp://upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Comcast_Philly.JPG/250px-Comcast_Philly.JPGhttp://upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Comcast_Philly.JPG/250px-Comcast_Philly.JPGhttp://en.wikipedia.org/wiki/Comcast_Center_%28Philadelphia%29http://www.bizjournals.com/philadelphia/stories/2005/01/03/daily1.html?jst=b_ln_hlhttp://www.bizjournals.com/philadelphia/stories/2005/01/03/daily1.html?jst=b_ln_hlhttp://www.bizjournals.com/philadelphia/stories/2005/01/03/daily1.html?jst=b_ln_hlhttp://www.commonwealthfoundation.org/research/detail/pennsylvania-government-debt
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    RACPLIST PDF 2011 Philadelphia List -Act 130 of 2011-Liberty Index All Members General

    Assembly Vote on Act 130 of 2011

    But wait theres more$10,000,000 to Janney, Montgomery Scott, billion dollar financial

    services company.

    Multi- billionaire Janneys taxpayer financed Philadelphia corporate headquarters

    Janney Montgomery Scott LLC is the largest Philadelphia-based full-service financial servicesfirm. Janney is a subsidiary of the Penn Mutual Life Insurance Company, with assets under

    management of over $50 billion. We have 96 offices with the majority in various locations

    along the East Coast.

    Governor Corbett, Mayor Nutter Announce Janney Montgomery Scotts Plans for New

    Philadelphia Headquarters; Ongoing Job GrowthPress Release Oct 19, 2011 Kelli Roberts,

    Governors Office

    Wait even more

    $2,500,000 to TEVA PHARMACEUTICALS Northeast Philadelphia

    Distribution Facility Democratic State Sen. Mike Stack today joined Teva Pharmaceuticals at the ceremonial

    groundbreakingof its new distribution facility in Northeast Philadelphia.

    TEVA PHARMACEUTICALSAs the largest generic pharmaceutical company in the country,

    Teva Pharmaceuticalsunderstands the importance of making safe, quality medications

    accessibleand affordable. ..One in five of the 2.6 billion generic prescriptions written in the

    United States is filled with a Teva product. This makes better healthcare accessible by saving

    the consumer an average of $50 per prescription.

    http://germantownnewspapers.com/Welcome_to_Germantown_Newspapers_files/RACPList.pdfhttp://germantownnewspapers.com/Welcome_to_Germantown_Newspapers_files/RACPList.pdfhttp://www.legis.state.pa.us/cfdocs/billinfo/billinfo.cfm?syear=2011&sind=0&body=S&type=B&bn=1054http://www.legis.state.pa.us/cfdocs/billinfo/billinfo.cfm?syear=2011&sind=0&body=S&type=B&bn=1054http://www.legis.state.pa.us/cfdocs/billinfo/billinfo.cfm?syear=2011&sind=0&body=S&type=B&bn=1054http://www.libertyindex.com/actsDetails.asp?ActID=4360http://www.libertyindex.com/actsDetails.asp?ActID=4360http://www.libertyindex.com/actsDetails.asp?ActID=4360http://www.janney.com/about-janney/mission--history/financial-statementshttp://www.janney.com/about-janney/mission--history/financial-statementshttp://www.janney.com/about-janney/mission--history/financial-statementshttp://www.janney.com/about-janney/mission--history/financial-statementshttp://www.newpa.com/newsroom/governor-corbett-mayor-nutter-announce-janney-montgomery-scott%E2%80%99s-plans-for-new-philadelphia-headquarhttp://www.newpa.com/newsroom/governor-corbett-mayor-nutter-announce-janney-montgomery-scott%E2%80%99s-plans-for-new-philadelphia-headquarhttp://www.newpa.com/newsroom/governor-corbett-mayor-nutter-announce-janney-montgomery-scott%E2%80%99s-plans-for-new-philadelphia-headquarhttp://www.newpa.com/newsroom/governor-corbett-mayor-nutter-announce-janney-montgomery-scott%E2%80%99s-plans-for-new-philadelphia-headquarhttp://thephilanews.com/teva-pharmaceuticals-at-company-groundbreaking-22807.htmhttp://thephilanews.com/teva-pharmaceuticals-at-company-groundbreaking-22807.htmhttp://thephilanews.com/teva-pharmaceuticals-at-company-groundbreaking-22807.htmhttp://www.tevausa.com/default.aspx?pageid=3402http://www.tevausa.com/default.aspx?pageid=3402http://www.tevausa.com/default.aspx?pageid=3402http://www.tevausa.com/assets/base/Photo_ContactUs.jpghttp://www.alleninvestmentmanagement.com/files/53056/Janney%20Headquarters.jpghttp://www.tevausa.com/assets/base/Photo_ContactUs.jpghttp://www.alleninvestmentmanagement.com/files/53056/Janney%20Headquarters.jpghttp://www.tevausa.com/default.aspx?pageid=3402http://www.tevausa.com/default.aspx?pageid=3402http://thephilanews.com/teva-pharmaceuticals-at-company-groundbreaking-22807.htmhttp://thephilanews.com/teva-pharmaceuticals-at-company-groundbreaking-22807.htmhttp://www.newpa.com/newsroom/governor-corbett-mayor-nutter-announce-janney-montgomery-scott%E2%80%99s-plans-for-new-philadelphia-headquarhttp://www.newpa.com/newsroom/governor-corbett-mayor-nutter-announce-janney-montgomery-scott%E2%80%99s-plans-for-new-philadelphia-headquarhttp://www.janney.com/about-janney/mission--history/financial-statementshttp://www.janney.com/about-janney/mission--history/financial-statementshttp://www.libertyindex.com/actsDetails.asp?ActID=4360http://www.libertyindex.com/actsDetails.asp?ActID=4360http://www.legis.state.pa.us/cfdocs/billinfo/billinfo.cfm?syear=2011&sind=0&body=S&type=B&bn=1054http://germantownnewspapers.com/Welcome_to_Germantown_Newspapers_files/RACPList.pdf
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    And more taxpayer millions for billionaires

    $500,000 Pennsylvania

    Taxpayer Dollars Appropriated to Billionaire private corporationhas hundreds of storeson

    from Connecticut to Maryland.

    And another five million to Tony Orlando and The Franklin Mint.

    Majority Leader Dominic Pileggi and Speaker Sam Smith generously voted to give $5,000,000

    FIVE MILLION TAXPYAYER DOLLARS toThe Franklin Mint. Tony Tie a Yellow Ribbon Orlando

    joins theFranklin Mint as Vice Chair and Partnerwith Robert H. Book Chair. We, the ForgottenTaxpayers, are pleased. SeeFranklin Mint Multi-Million Dollar Expansion in Exton, Delaware

    County, Penna.

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