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Message
re: Who’s To Blame For The Deindustrialization Of Baton Rouge?
Posted on 1/18/19 at 9:54 am to BigJim
Posted on 1/18/19 at 9:54 am to BigJim
quote:
Let's say that you think that corporations make a lot of money (duh). Then they use to that money to influence politicians. They influence them to pay less in taxes, not for policy reasons, but just to lower their bottom line and make more profit.
But are the taxes paid in local taxes and local spending by the workers employed by these companies not greater than the tax revenues loss to the state by these exemptions?
Posted on 1/18/19 at 10:14 am to Revelator
quote:
But are the taxes paid in local taxes and local spending by the workers employed by these companies n
Your also forgetting about the indirect benefits of these plants. Plant services, contractors, sales, etc... all of these jobs will dry up as well. So not only are you losing the direct costs of plant employees tax revenue, but you are also losing the taxes from services to that plant.
Then, you these unemployed people will seek UE benefits, which is a net drain on our taxes.
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