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Why do you think it would cost taxpayers extra money to lure Amazon to their city? Corporations and high-income skilled workers pay far more in taxes than they
by esoterica 8y ago
Why do you think it would cost taxpayers extra money to lure Amazon to their city? Corporations and high-income skilled workers pay far more in taxes than they cost the city in public services. If someone pays $20k in local taxes and uses $5k worth of public services, you can give them a 50% tax break to lure them to the city and still make $5k off them.
> Maybe a simpler way to look at the issue is to ask why local governments don't pay people to move into their cities.
Vermont is doing that right now. https://www.nytimes.com/2018/06/01/us/vermont-moving-money.html https://www.nytimes.com/2018/06/01/us/vermont-moving-money.h... . The problem with that approach is that people usually move to where the jobs are, so paying corporations to move is more effective than paying people to do so.