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That's a BS argument. Starbucks will open restaurants there anyway because they want to sell coffee and make money. And if they don't, and there's demand, oth
by jlarocco 11y ago
That's a BS argument. Starbucks will open restaurants there anyway because they want to sell coffee and make money. And if they don't, and there's demand, other coffee shops will.
IMO tax breaks like these are completely backwards most of the time. A huge corporation like Starbucks has entire departments dedicated to doing their taxes and finding loop holes to save money. The last thing they need is to pay less tax to begin with. If anybody is going to get a break, it should be small business owners.
The one place tax break incentives make sense are for large, one off things like a big manufacturing plant, where there will only be one (or just a few) of them, and getting it in your country or state is a big win. But there's really no reason I can see to incentive putting coffee shops on every other corner.