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Big Boeing Tax Bust

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EMPLOYEES AT CORPORATE CRONY KINGPIN BUSTED ON TAX EVASION CHARGES …

South Carolina taxpayers have doled out more than $1 billion in “economic development” incentives to Boeing.  Apparently it wasn’t enough, though.

How do we know that?

According to reporters Dave Munday and David Wren of The (Charleston, S.C.) Post and Courier, eleven employees at Boeing’s North Charleston, S.C. facility have been busted by the S.C. Department of Revenue (SCDOR) on tax evasion charges.

More arrests at the company are imminent, the paper reported.  How many more arrests?

“Dozens,” a source close to the investigation told us.

Wow … Boeing has suspended the first eleven people arrested in connection with this scam.  Will it suspend the “dozens” yet to be popped?

We shall see …

It’s been a bad stretch of late for the king of corporate cronies … with mass layoffs and more mechanical problems with its planes.

As far as we’re concerned, it couldn’t have happened to a nicer group of people.

Seriously … this is the company that threatened to cut jobs if the federal government didn’t keep doling out taxpayer-subsidized goodies.  And then cut them anyway even though the government caved to the threats.

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