They use the excuse that they're creating jobs by giving these huge breaks to corporations while these corporations continue to ship jobs overseas...They should probably call this the Texas Plan after Gov. Perry who did it first.
What to do with that extra money? They buy Congressmen and Senators... they get richer still and keep even more of their taxes. They also engage in speculation & introduce unnecessary risk into our econony, creating bubbles which burst like the .Com and the Housing bubble. Both which led to serious financial downturns. Coupled with lobbying for deregulation, they bundle those investments with toxic assets & schemes that can potentially crash the entire economy.