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People talk about tax breaks like these companies are emptying the pockets of the state. Why isn't there ever mention about how beneficial it is to have the hug
by matt_wulfeck 11y ago
People talk about tax breaks like these companies are emptying the pockets of the state. Why isn't there ever mention about how beneficial it is to have the huge number of jobs these companies bring in?
Even if they paid zero local taxes, the money is still flowing into the local economy.
- kartan 11y ago> Even if they paid zero local taxes, the money is still flowing into the local economy. That's also true for my salary. My salary moves the local economy. Not so much, but if you get together $1B of taxpayer money we are talking about thousands of workers. Some one has to pay for the cost of workers education/transport/police department/etc. So the argument doesn't makes so much sense. In the end this companies are the ones that get more benefits from the public infrastructures and services. Why they should be absent of paying for them?
- blisterpeanuts 11y agoWA charges property tax, so anyone living in WA is funding the state, unless they're camping out in a state park. The populist slogan "You didn't build that" doesn't stand up under scrutiny. Directly or indirectly, the companies in your state have paid for every inch of the roads, water pipes, and power lines, and they paid for every brick of every schoolhouse.
- matt_wulfeck 11y agoExactly. The economy is so interconnected. Even going to a restaurant (workers after all have to also eat) they are funding an additional local business, which in turn needs to hire other people and purchase local produce from another business. People -- not corporate taxes -- are the drivers of wealth in a local economy. WA state is wise to recognize this, not foolish.
- deleted 11y ago[deleted]
- zurn 11y agoIt's on the whole against tax payer interest to have govenments engage in aggressive tax competition like this. Race to the bottom.