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I posted similar math on reddit several days ago too, and didn't receive a response when I asked to counterpoints to that specifically Most people's counterpoi
by gammateam 8y ago
I posted similar math on reddit several days ago too, and didn't receive a response when I asked to counterpoints to that specifically
Most people's counterpoints are about what ifs related to corporate and human welfare, and will go on a tangent about that, emboldened by headlines about the dollar amount each new york tax payer would have contributed to the subsidy.
Taxpayers got a good deal.
Their corporate and human welfare argument will hold true whether there were subsidies or not, at any arbitrary salary figure, at any arbitrary number of jobs. So it is a total red herring to this deal, which is profitable whether 24,999 people get minimum wage and 1 person gets $100,000,000 annually, as long as they are taxed by New York in some capacity. (income, sales tax, property tax via direct ownership or rent paid to someone else that pays income and property tax)