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re: corporate welfare vs socialism

Posted on 12/1/16 at 5:06 pm to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124712 posts
Posted on 12/1/16 at 5:06 pm to
quote:

Indiana loses tax income.
Haven't read through the thread, but your OP premise it awful. It is completely totally thoroughly false.

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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