Update on General Dynamics tax cut campaign

We had 14 people from around the state gather at the Addams-Melman House yesterday in Bath to discuss the proposed $60 million tax subsidy from the state of Maine to General Dynamics which owns Bath Iron Works (BIW).

We reviewed what has been done so far and underscored the urgent need for all Mainers to directly contact their state legislators and urge them to vote against more tax give-aways for one of the richest weapons corporations on the planet.

We discussed our goals as we move forward with this effort.  They included:

• Stand up against corporate welfare
• Call for conversion of BIW to help us deal with our real problem - climate change
• Underscore the unfairness of giving tax breaks to General Dynamics which spent $9.4 billion between 2013-2016 buying back their own stock.  See here for more info on that.
• Transparency - if General Dynamics needs $60 million so badly from a poor state like Maine then let them open their accounting books for public review before granting them more money.

The US Senate just voted to cut the corporate tax rate from 35 to 20 percent.  Isn't that enough for General Dynamics?  In spite of all their profits they still want even more from the taxpayers of Maine, Rhode Island and Connecticut where they have military shipbuilding operations.  It's crazy.

If you are a Mainer and would like to contact your state legislators just click here

See a short video that tells this whole story here

Please help us spread the word.

Bruce