General Discussion
In reply to the discussion: If you make $50,000 per year .... [View all]magical thyme
(14,881 posts)but rather taxes they *don't* pay. For example, most places (if not all) give Walmarts huge tax breaks for fixed time periods, say 10 years, in exchange for building and opening stores to create local jobs. That amounts to a corporate subsidy because they are using local infrastructure but not paying for it. Then as soon as the subsidy time frame runs out, they close up the store and move to a new town, leaving unemployment and an empty shell of an ugly building.
They're doing that in my neck of the woods right now. They are closing the Rockland store and just built a new store about 10 miles away in the next town over.
Worse, this inboth cases this is prime oceanfront real estate that they are uglying up and destroying, at low cost due to tax breaks.
Furthermore, since they don't pay a living wage, they further deplete local resources since their employees generally are on food stamps and don't have health insurance.