3 ms·
It's not favorites, it's bringing in net new revenue vs existing revenue. Much easier to give a discount to get something you don't have, then to give a discou
by smachiz 5y ago
It's not favorites, it's bringing in net new revenue vs existing revenue.
Much easier to give a discount to get something you don't have, then to give a discount to your existing base. Ask your revenue teams in whatever company you're at. No different for state taxes.
This actually looks like a pretty good deal for NC, unlike when Amazon went about it in a distinctly Amazon way and pissed everyone off.
- londons_explore 5y agoWell in which case you write the tax law as "Tax is 5% for the first 5 years of the company in the state, and 10% after that". Then all companies, both big and small can take advantage. Obviously there are loopholes that would need to be closed before such a plan would work... But it's better than lawmakers striking deals with only their friends.