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Since the start of this century, small and mid-sized towns have courted big box stores, using tax revenues to fund expensive road, sewer and electric expansions to lure large corporate chains to town.

1/ A bombed out cityscape surmounted by a Lowe's sign.   Image:
These companies promised jobs and tax revenues, and, TECHNICALLY speaking, they delivered both, but only if you do some very funny math. National chains pay little or no federal income tax, and often secure state tax abatements.

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This gives them a 30-40% advantage over small, homegrown businesses operated by locals who can't afford the huge sums needed to pay corrupt tax-experts to establish fictional headquarters on offshore financial secrecy haves.

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