Corporate welfare in action ....

[TheGreatGatsby]

There's no such thing as corporate welfare.

What would you call it then when corporations get free money?

Fantasy, unless you have an example.

It's not fantasy, idiot. It happened.

 

[Markle]

Collect from tax payers and giving to corps.

Specifically, who pays corporate taxes?

 

[BluesLegend]

There's no such thing as corporate welfare.

What would you call it then when corporations get free money?

Fantasy, unless you have an example.

It's not fantasy, idiot. It happened.

Still waiting for an example, you know so I can destroy you.

 

[Markle]

If you add these altogether, you see that federal, state and local governments force American families to give, on average, $2436 per year to companies that certainly don’t need the handouts (or shouldn’t be in business if they do). That $2436 could go a long, long way for most families, whether it was spent on food and clothing, vacation, a college fund, or whatever mom, dad and the kids most need. Indeed, considering that the average American family spends around $6500 per year on food, eliminating these corporate subsidies and returning the savings to taxpayers could pay for about 4.5 months-worth of groceries.

Calculating the Real Cost of Corporate Welfare

Yep, you just know that an opinion piece from the far left Federalist is going to be unbiased and reliable. Especially when they start out with:

A popular new article from the far lefties at Common Dreams frighteningly warns that American families pay, on average, $6000 per year in corporate welfare to the dreaded “big business.”

What do you consider corporate welfare? What benefits does an area derive from giving tax incentives to corporations?

 

[Markle]

Giving them services they don't pay for is welfare.

How much in benefits does a community receive when say a Walmart locates in their area? Or, a distribution hub for Walmart, Amazon or other large corporation?

 

[Markle]

If you add these altogether, you see that federal, state and local governments force American families to give, on average, $2436 per year to companies that certainly don’t need the handouts (or shouldn’t be in business if they do). That $2436 could go a long, long way for most families, whether it was spent on food and clothing, vacation, a college fund, or whatever mom, dad and the kids most need. Indeed, considering that the average American family spends around $6500 per year on food, eliminating these corporate subsidies and returning the savings to taxpayers could pay for about 4.5 months-worth of groceries.

Calculating the Real Cost of Corporate Welfare

Allowing corporations to keep their own money they earned is not corporate welfare.

Giving them services they don't pay for is welfare.

LOL what services?

Again for the slow ones.

Municipal services - Wikipedia

That answers nothing.

To you, the jobs, ancillary businesses with their jobs are irrelevant, unimportant and unrelated.

 

[Markle]

America’s Top 10 Corporate Tax Avoiders

From 2008 to 2013, while GE made over $33.9 billion in United States profits, it received a total tax refund of more than $2.9 billion from the Internal Revenue Service.

G.E.’s effective U.S. corporate income tax rate over this six year period was -9 percent.

G.E.'s CEO, Jeff Immelt, a close friend of petulant former President Barack Hussein Obama and Obama's Job Czar. Remember Immelt and Obama laughing at that conference when they were speaking about "shovel ready" jobs?

Here the former President confesses to his ignorance.



Here in Tallahassee, as a result of the failed stimulus plan, we received, and I'm not making this up, a $3.2 MILLION TURTLE TUNNEL! Yep, a tunnel for turtles to crawl under U.S. 27 North out of Tallahassee.

 

[dblack]

There's no such thing as corporate welfare.

What would you call it then when corporations get free money?

Fantasy, unless you have an example.

True. They're getting free government.

 

[TheGreatGatsby]

There's no such thing as corporate welfare.

What would you call it then when corporations get free money?

Fantasy, unless you have an example.

It's not fantasy, idiot. It happened.

Still waiting for an example, you know so I can destroy you.

You already destroyed yourself by calling reality fantasy, jackass.

 

[dblack]

IF corporate welfare created a living wage, we wouldn't need social welfare.



Alas, the greedy Ceos just pocket the money and leave their workers for the department of social serves to support. Shocker.

An employer does all that, huh? I guess the worker is in no way responsible. After all, if your highest talent is stocking shelves, it should at least pay $22.00 an hour not because the work is worth it, but because it's the right thing to do. And as we know, people don't start businesses to make a profit, they start businesses as a social obligation.

Any American working 40 hours a week should be making a living wage. Period. If you think otherwise you're a POS.

People can't survive off 10 an hour in most places, living costs are too high!!

Then to solution is to make your labor more valuable, not forcing your employer to pay you more than your labor is worth.


Sent from my iPhone using USMessageBoard.com

The value of the labor should be adjusting in accordance to the cost of living. It's not.. And it won't without proper legislation. Why would employers pay more than necessary. Most won't.

The 1% is literally draining all of the countries money, and they have been for decades.wealth inequality is worse than I've seen in my lifetime. The middle class is shrinking and ill let you in on a little secret... They arent joining the billionaires, they're joining the impoverished.

But you guys just keep bashing the workers....
(That's what the TOP 1% needs us to do, point the finger at each other and not at them)

The value of the labor should be adjusting in accordance to the cost of living.

Why?

Because he doesn't understand that economic value is subjective.

 

[dblack]

Toyota's recent decision to move 4,000 jobs from California and Kentucky to Texas is a prime example of this nonsense. Texas governor Rick Perry – who, by the way, isn't fooling anyone with those glasses – boasted that it was his state's pro-business policies that allowed him to nab those jobs from California and Kentucky. But by pro-business policies, what Perry really means is that he paid Toyota $10,000 for each jobfor a total of $40 million in tax breaks and money incentives. And that's on top of the millions from the city of Plano in property tax abatements, cash incentives, and waivers on construction fees.

The numbers are depressingly simple. The net gain of jobs for the country is zero; the corporation is just moving jobs from one place to another. California and Kentucky lose thousands of jobs and a significant source of tax revenue. That's less money for California and Kentucky schools, roads, health care, etc. The people of Texas aren't really gaining all that much. In most cases, the current Toyota employees will just relocate making any increase in employment for Texas minimal. The Texas government has given away a huge amount of public funds. They also lose all of the potential tax dollars they would have received if, for instance, a group of small businesses developed the land in Plano.

Republicans love welfare...for corporations

California and Kentucky lose thousands of jobs and a significant source of tax revenue.

Corporations provide jobs and tax revenue?
That could encourage states to try to attract them with temporary tax abatements. Shhhhhhh.......

The Texas government has given away a huge amount of public funds.

Wrote them a check? Link?

Tax payer getting hosed. You don't like capitalism? You think the gov should pick winners and losers?

Tax payer getting hosed.

How? If they develop farmland (not saying they are), and only pay half the developed land property tax rate, that's still more than the farmland tax rate (at least in Illinois)

You don't like capitalism?

Capitalism is awesome!!!

You think the gov should pick winners and losers?

No. Solyndra and "green energy" subsidies are a big waste of actual dollars.

Same shit.

 

[dblack]

Should the gov be giving away tax dollars like that?

why not? every person working at the facility will be paying taxes. so there is a big gain to the state and the country. not sure you get it yet.

Well it is anti capitalism and free market. You think gov picking winners and losers is better than free market?

You like higher taxes? Company moves or expands paid by tax payers. Tax payer loses.

well why do states care that a business come to their state then? especially when the state says, we'll give you this kind of deal? you think it's because they would lose money? you can't be that stupid can you?

It seems you are that stupid. Company gets great deal. Politician says look at all these great jobs. Tax payer gets hosed.

how does the tax payer get hosed?

Don't be stupid now.

The get hosed when they are funding government for those who aren't.

 

[Toddsterpatriot]

An employer does all that, huh? I guess the worker is in no way responsible. After all, if your highest talent is stocking shelves, it should at least pay $22.00 an hour not because the work is worth it, but because it's the right thing to do. And as we know, people don't start businesses to make a profit, they start businesses as a social obligation.

Any American working 40 hours a week should be making a living wage. Period. If you think otherwise you're a POS.

People can't survive off 10 an hour in most places, living costs are too high!!

Then to solution is to make your labor more valuable, not forcing your employer to pay you more than your labor is worth.


Sent from my iPhone using USMessageBoard.com

The value of the labor should be adjusting in accordance to the cost of living. It's not.. And it won't without proper legislation. Why would employers pay more than necessary. Most won't.

The 1% is literally draining all of the countries money, and they have been for decades.wealth inequality is worse than I've seen in my lifetime. The middle class is shrinking and ill let you in on a little secret... They arent joining the billionaires, they're joining the impoverished.

But you guys just keep bashing the workers....
(That's what the TOP 1% needs us to do, point the finger at each other and not at them)

The value of the labor should be adjusting in accordance to the cost of living.

Why?

Because he doesn't understand that economic value is subjective.

Just one of 100s of things he doesn't understand about economics.

 

[dblack]

But you are ok with tax payers funding corp moves and expansions?

Funding? No.
I think writing a check to a sports team or buying a stadium for a sports team is a bad idea.
Giving a new facility a lower property tax for a limited time is fine.
More if the tax receipts, even at the lower rate, are higher than the unimproved land tax receipts.

So you do want the gov picking winners and losers. So those doing the most lobbying get breaks. Tax payers lose.

So you do want the gov picking winners and losers.

Giving a temporary low property tax rate on new facilities isn't picking winners and losers.

Tax payers lose.

If the new facility provides higher revenues, now or in the future, they don't lose.

It is if only certain companies get deals.

If never seems to happen.

It is if only certain companies get deals.

If a company with 10,000 employees gets a deal and a company with 10 doesn't, that's picking winners?

How is it not?

 

[dblack]

If you add these altogether, you see that federal, state and local governments force American families to give, on average, $2436 per year to companies that certainly don’t need the handouts (or shouldn’t be in business if they do). That $2436 could go a long, long way for most families, whether it was spent on food and clothing, vacation, a college fund, or whatever mom, dad and the kids most need. Indeed, considering that the average American family spends around $6500 per year on food, eliminating these corporate subsidies and returning the savings to taxpayers could pay for about 4.5 months-worth of groceries.

Calculating the Real Cost of Corporate Welfare

Allowing corporations to keep their own money they earned is not corporate welfare.

We talked about this a lot earlier in the thread. It's probably more accurate to refer to it as "Corporate Socialism", as the net effect is the state exerting control over capital.

 

[Brain357]

Giving them services they don't pay for is welfare.

How much in benefits does a community receive when say a Walmart locates in their area? Or, a distribution hub for Walmart, Amazon or other large corporation?

The sameness they receive with no corp welfare.

 

[Cellblock2429]

Sure I would. Anything to help bring in businesses.

Anything? Even the exemption for statutory rape? I assume not, but how do you make the call?

WTF does rape have to do with this? Rape is illegal which goes against what I said.

So is not paying your taxes. What's the difference?

/----/ This thread is getting ridiculous.

If it hurts a little, that's a good sign!

/---/ No it's ridiculous because the libs are running down rabbit holes with stupid possibilities What if this, what if that... no matter what you say they twist it into another far fetched scenario.

 

[Ray From Cleveland]

Giving them services they don't pay for is welfare.

How much in benefits does a community receive when say a Walmart locates in their area? Or, a distribution hub for Walmart, Amazon or other large corporation?

"
NORTH RANDALL, Ohio - Amazon will bring more than 2,000 jobs to the tiny Cuyahoga County village of North Randall, where a massive fulfillment center is slated to rise from the demolition dust of Randall Park Mall.

The e-commerce giant finalized a lease deal Thursday on a planned 855,000-square-foot building, which could open during the second half of next year on a 69-acre site at Warrensville Center and Emery roads. News of the potential deal broke in July, after the project cropped up on a public meeting agenda. But North Randall was vying against other, unidentified sites.

The North Randall Village Council and the Warrensville Heights Board of Education have approved 15 years of 75 percent property-tax abatement for the Amazon facility. School board records show the village will pass along 33 percent of its income-tax collections from workers at the fulfillment center to the district."

Amazon commits to North Randall fulfillment center, with 2,000-plus jobs on former mall site

"Full-time employees at Amazon receive highly-competitive pay, health insurance, disability insurance, retirement savings plans and company stock starting on day one. The company offers up to 20 weeks of paid leave and innovative benefits such as Leave Share and Ramp Back, which give new parents flexibility with their growing families. Amazon also offers hourly employees its Career Choice program which helps train employees for in-demand jobs at Amazon and other companies so they can prepare for the future and take full advantage of the nation's innovation economy. The program pre-pays 95% of tuition for courses in in-demand, high-wage fields, regardless of whether the skills are relevant to a future career at Amazon. Over 10,000 employees have participated in Career Choice and more are signing up every day."

An Amazon Fulfillment Center Officially Comes to Former Randall Park Mall Site, Needs Workers

Nah, we don't want it. That's the village picking winners......namely the citizens of their village and surrounding areas where those employees will be hired from.

 

[dblack]

If you add these altogether, you see that federal, state and local governments force American families to give, on average, $2436 per year to companies that certainly don’t need the handouts (or shouldn’t be in business if they do). That $2436 could go a long, long way for most families, whether it was spent on food and clothing, vacation, a college fund, or whatever mom, dad and the kids most need. Indeed, considering that the average American family spends around $6500 per year on food, eliminating these corporate subsidies and returning the savings to taxpayers could pay for about 4.5 months-worth of groceries.

Calculating the Real Cost of Corporate Welfare

Allowing corporations to keep their own money they earned is not corporate welfare.

Giving them services they don't pay for is welfare.

what services?

Infrastructure, police protection, all the things the rest of us pay taxes for.

 

[dblack]

Allowing corporations to keep their own money they earned is not corporate welfare.

Giving them services they don't pay for is welfare.

LOL what services?

Again for the slow ones.

Municipal services - Wikipedia

You can't produce a single example of a company not paying for services, shocker. Your new nickname is Fake News.

No there have been many. Read the thread.

The ostrich is strong with this one.