pknopp
Diamond Member
- Jul 22, 2019
- 71,605
- 27,716
You tell me how cities bidding with tax incentives to attract corporate growth is "socialism".I'm not going to rehash Amazon but they wanted MASSIVE socialist programs to move to NYC and it was largely blackmail for others to give them "incentives". That you support massive socialism for large corporations but not for people struggling is a large part of the problem.
LOL!! AOC wanted the "NYC tax incentive amount" given to her people!! DUH! Tax incentives is how you attract corporations to spend money to rebuild blighted areas and provide good jobs. Then the cities get repaid for the tax incentives. The system requires people to work and be productive, not to sit on their asses and whine for free stuff.
I get it. You support Socialism for corporations. Are you saying that Amazon would close their doors if we quit offering them billions in socialism?
I call bullshit. Democrats promising free shit instead of good jobs is socialism.
They aren't taking money from some to give to others? You also didn't answer my question. Why?
This is the fallacy in your thinking, no one is taking money from anyone, the money doesn't exist yet, it needs to be made first.
Put your thinking cap on.
1. Amazon wouldn't close their doors in NYC without $billions in tax incentives, they would NEVER BE OPENED. Amazon would build their HQ where they get the best financial deal, like in VA.
Yes the taxpayers in Virginia would be on the hook for the socialist programs. It needs to stop everywhere. More importantly, others need to stop with the hypocrisy that they do not support socialism when they do.
2. Using "Tax Incentives" is not corporate socialism, it is how business works, maximize profits to expand and grow. The corporation is willing to spend $billions, but needs to minimize expenses, so tax incentives are used to evaluate options. Why build in NYC where its twice as expensive as building in VA? NYC needs to factor in how much it will make over time from 25,000 new jobs and future property taxes to compute a reasonable tax incentive. Look at the Amazon deal in the link below
First Amazon wanted MORE than just tax incentives. They wanted tax payers money.
My question still wasn't answered. Why not?