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I don't think either Becker specifically or Minnesota more broadly has a better alternative than to demand the property tax and, presumably, let Google build el
by tfehring 8y ago
I don't think either Becker specifically or Minnesota more broadly has a better alternative than to demand the property tax and, presumably, let Google build elsewhere. I also agree that if the property tax breaks were the only incentive that Minnesota was offering, it would be a clear net positive to offer those tax breaks. But the need for a bonding bill makes the trade-off less straightforward, since it requires Minnesota to commit funding directly, instead of just foregoing tax revenue that it "should" (but wouldn't) receive.
I live in Minneapolis and hadn't heard about the proposal until I saw this thread, so I'm inclined to think the outrage is mostly manufactured. To the extent that it's real, it's probably driven by the fact that Wisconsin seems to have gotten fleeced by Foxconn.