3 ms·

I don't applaud Pennsylvania for spending their tax dollars investing in private companies.

• modoc 18y ago
  How else would you expect them to try to bring a historically industrial/manufacturing & agriculture based economy into the 21st century? I don't live there, but I think it's great for cities and states to try to increase the diversity of their economic bases and their cultural offerings. Long term it is a potentially VERY wise investment of taxes.
  • dantheman 18y ago
    Through private investment? Lowering of taxes? I personally don't think it's great that cities take money from me by force to fund companies I may or may not think are viable. I love what these seed funds are doing, and their is no reason a private one like YC couldn't be created in PA with those restrictions on keeping people there etc. Hell, you could make it an optional tax that citizens volunteer to pay -- just like we do with campaign funding.
• dbul 18y ago
  As far as I can tell, Pennsylvania isn't spending their tax dollars. Maybe you can tell differently. http://www.innovationworks.org/About/index.html http://www.innovationworks.org/About/index.html
  • dantheman 18y ago
    It's run by: Commonwealth of Pennsylvania’s Ben Franklin Technology Development Authority. (http://www.benfranklin.org/about/index.asp http://www.benfranklin.org/about/index.asp) Which I believe is a government sponsored organization though, I'm not 100% sure -- it isn't clear to me where they get their funding, but I think its from the government.