Wikipedia Excerpt:So why doesn't government create a "means" test for businesses to prove hardship like they do for most anyone else trying to contract for a taxpayer handout? I know, I'm being utterly ridiculous. Stupid me.
Grainger is a Fortune 500 corporation and has increased dividends to its shareholders for 36 consecutive years. The company has grown consistently since becoming public and has passed $1 billion in annual sales in 1984 and $5 billion in sales in 2004.
Friday, April 09, 2010
Fortune 500 Company Needs $227,500 Loan From Janesville Taxpayers
Janesville Gazette terms as a "reward" to the company for a committment to create jobs over the next three years.On Monday, the Janesville city council will consider a request from W.W. Grainger for a $227,500 forgivable loan in what the