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> The opposite is true, 100% of those taxes will be paid by some other business. Can you explain this some more? Are you suggesting that governments establish
by MockObject 8y ago
> The opposite is true, 100% of those taxes will be paid by some other business.
Can you explain this some more? Are you suggesting that governments establish a target figure and adjust that year's tax policy to make sure it's met?
The existence of budget deficits suggests otherwise.
- waisbrot 8y ago> Can you explain this some more? Are you suggesting that governments establish a target figure and adjust that year's tax policy to make sure it's met? They are just suggesting that the site that Amazon would have occupied will be rented by some other business. Probably, that business will not have gotten all the tax-breaks that Amazon did. Therefore, the tax collected by NYC on that space will be larger with Amazon gone.
- MockObject 8y agoThe alternate businesses may not provide the same density of profit as Amazon, so their total tax outlay might be much lower over time. (One must factor in the other taxes paid by the Amazon employees as well.) Also, pretty crappy to get downvoted for an honest question.
- lkrubner 8y agoI suspect you were downvoted for the line "The existence of budget deficits suggests otherwise."