4 ms·
I honestly don't get why tax breaks of this level matter for companies of Microsoft's level. I get it for a company like Tesla building a huge battery factory w
by PakG1 10y ago
I honestly don't get why tax breaks of this level matter for companies of Microsoft's level. I get it for a company like Tesla building a huge battery factory when they are not yet really profitable. Every penny counts at that point. For Microsoft, it seems like the millionaire superstar who refuses to tip the waiter nicely.
- ams6110 10y agoYou expect companies to pay taxes that they can legally avoid? I'd like to compete against your company.
- sremani 10y agoThe magic of state enterprise funds, its like NFL teams threatening cities they would leave for LA but at the corporate level. It works! The idea is similar to anchor-store. You do not charge the big-dawg, but the little ones around it.
- Retric 10y agoThis is ~7% of Microsoft's annual profits which is huge for them. More widely, it costs little for company's to get these handouts, and the people handing out the money don't need to pay for it out of pocket. Remember, Corruption is the default it takes care to avoid this kind of backroom deal.
- deleted 10y ago[deleted]