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Every other business that operates in Nevada that isn't getting this deal. All other taxpayers in the state that will have to cover the amount this entity woul
by mey 11y ago
Every other business that operates in Nevada that isn't getting this deal.
All other taxpayers in the state that will have to cover the amount this entity would have paid. (Something more than zero, something less than the actual tax break)
- pbreit 11y agoBut those businesses are not losing anything. Taxpayers don't have to cover any more than they currently do.
- mey 11y agoThere is a mix of issues https://en.wikipedia.org/wiki/Opportunity_cost https://en.wikipedia.org/wiki/Opportunity_cost https://en.wikipedia.org/wiki/Environmental_economics#Externality https://en.wikipedia.org/wiki/Environmental_economics#Extern... Plus whatever tax based services (roads, infrastructure, regulations, etc) that Tesla would not be directly paying for by existing in this location. (That would need to be taken on by the other taxpayers)
- pbreit 11y agoNow you're just kind of reaching. Tesla business is exceedingly popular and so unique that comparisons to other situations are easily avoided (ie, don't have to worry about other businesses clamoring for same deal).
- deleted 11y ago[deleted]
- prostoalex 11y ago> All other taxpayers in the state that will have to cover the amount this entity would have paid. Then 49 other states with no such factory but tons of leftover cash will win big time and laugh at Nevada with its stupid battery factory employing people who buy houses and pay property taxes, shop at local stores generating sales taxes, attracting suppliers (with their own employees) who rent out office and industrial properties, generating taxable business activity.