Democratic Primaries

George II

(67,782 posts)

2. In New York, the tax credit would have been a refund on taxes already paid after certain....

Mon Apr 29, 2019, 09:47 AM

Apr 2019

....criteria were met, most importantly job creation.

So, for example (not real numbers) if at the end of the year Amazon paid $50 million in taxes and they reached the pre-determined level of created jobs, they would get $10 million back. The state and city would still have $40 million in taxes more than if Amazon were not in the city, and there would be thousands of jobs created - each person paying state and city taxes. And all the businesses in the area would have benefited by having all those people in the neighborhood.

How is that bad?

If I were to vote in a presidential
primary today, I would vote for: Joe Biden

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END BIDDING WARS FOR CORPORATE RELOCATION [View all] Sherman A1 Apr 2019 OP

Absolutely. And after seeing Foxconn's fiasco in WI, and nothing on the scale of what was ... SWBTATTReg Apr 2019 #1

In New York, the tax credit would have been a refund on taxes already paid after certain.... George II Apr 2019 #2

I know just watching Walmart try to squeeze Sherman A1 Apr 2019 #6

Wrong forum I think nt BlueFlorida Apr 2019 #3

Why? Sherman A1 Apr 2019 #4

oh ... my apologies nt BlueFlorida Apr 2019 #5

You might want to indicate Yang: in the thread title. MineralMan Apr 2019 #7

A business that can't expand on it's own shouldn't expand on the taxpayers dime. nt Autumn Apr 2019 #8

This should especially be true for professional sports franchises. denverbill Apr 2019 #9

Don't get me started on sports stadiums and arenas. The Velveteen Ocelot Apr 2019 #10

Robber barons must rob dalton99a Apr 2019 #11