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re: corporate welfare vs socialism
Posted on 12/1/16 at 5:06 pm to CelticDog
Posted on 12/1/16 at 5:06 pm to CelticDog
quote:Haven't read through the thread, but your OP premise it awful. It is completely totally thoroughly false.
Indiana loses tax income.
Carrier might recieve $700K/yr in tax relief.
But as a result it will employ 1200 taxpayers/yr.
So let's talk revenue.
As opposed to leaving the country, Carrier is STILL PAYING TAX, as are those 1200 workers. If the workers alone pay $585/yr in income/sales/property tax, it covers the revenue loss. That does not include residual amounts Carrier will still pay.
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