Tag: Huge tax relief for large corporation

Defense Giant Tries to Feed at the Public Trough

LAWRENCE S. WITTNER – At this time of severe cutbacks in government funding for food stamps, early childhood education, and Meals on Wheels, some Maryland legislators are hard at work looking out for the welfare of one of the world’s wealthiest corporations. Under a bill rapidly advancing in the legislature of that state, the Lockheed Martin Corporation will have the taxes on its luxurious Montgomery County hotel and conference center reduced by approximately $450,000 a year and will also receive a $1.4 million refund for the period since 2010.