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The bulk of the subsidy is a planned $188.2 million property tax abatement of 71 percent over 20 years
Why does every other company in the area have to pay the full property tax, and Apple doesn't?
Oh, I see. So just the local mom and pops have to pay the full freight.The bulk of the subsidy is a planned $188.2 million property tax abatement of 71 percent over 20 years
Why does every other company in the area have to pay the full property tax, and Apple doesn't?
Who says every other company is?
Cities and states offer abatements to attract businesses. They create jobs and new taxation for the city and state.
They are allowing 71% reduction meaning that they are collecting 29% of taxes they would not otherwise collect if the land were to sit there. That's 2,000 acres that they will be paying that 29% on. That's a hell of a lot of money.
There's no such thing as corporate welfare.
Oh, I see. So just the local mom and pops have to pay the full freight.The bulk of the subsidy is a planned $188.2 million property tax abatement of 71 percent over 20 years
Why does every other company in the area have to pay the full property tax, and Apple doesn't?
Who says every other company is?
Cities and states offer abatements to attract businesses. They create jobs and new taxation for the city and state.
They are allowing 71% reduction meaning that they are collecting 29% of taxes they would not otherwise collect if the land were to sit there. That's 2,000 acres that they will be paying that 29% on. That's a hell of a lot of money.
That sounds fair...
Twenty years.Oh, I see. So just the local mom and pops have to pay the full freight.The bulk of the subsidy is a planned $188.2 million property tax abatement of 71 percent over 20 years
Why does every other company in the area have to pay the full property tax, and Apple doesn't?
Who says every other company is?
Cities and states offer abatements to attract businesses. They create jobs and new taxation for the city and state.
They are allowing 71% reduction meaning that they are collecting 29% of taxes they would not otherwise collect if the land were to sit there. That's 2,000 acres that they will be paying that 29% on. That's a hell of a lot of money.
That sounds fair...
how long does the break for apple last ?
Oh, I see. So just the local mom and pops have to pay the full freight.The bulk of the subsidy is a planned $188.2 million property tax abatement of 71 percent over 20 years
Why does every other company in the area have to pay the full property tax, and Apple doesn't?
Who says every other company is?
Cities and states offer abatements to attract businesses. They create jobs and new taxation for the city and state.
They are allowing 71% reduction meaning that they are collecting 29% of taxes they would not otherwise collect if the land were to sit there. That's 2,000 acres that they will be paying that 29% on. That's a hell of a lot of money.
That sounds fair...
Proving once again the level of intellect possessed by any leftist is below the amoebic line.$20 million in government gifts.
For 50 jobs.
It is government picking winners and losers, which is completely antithetical to conservatism and libertarianism.Oh, I see. So just the local mom and pops have to pay the full freight.The bulk of the subsidy is a planned $188.2 million property tax abatement of 71 percent over 20 years
Why does every other company in the area have to pay the full property tax, and Apple doesn't?
Who says every other company is?
Cities and states offer abatements to attract businesses. They create jobs and new taxation for the city and state.
They are allowing 71% reduction meaning that they are collecting 29% of taxes they would not otherwise collect if the land were to sit there. That's 2,000 acres that they will be paying that 29% on. That's a hell of a lot of money.
That sounds fair...
Sorry, but life isn't fair and neither is taxation.
Iowa isnt exactly Silly-conehead Calif.
that 200 million dollar investment will pay for itself in nothing flat and boost the local and state economy from now until the day Apple decides to go.
In that case it would have made a fine investment for private capital...right?
then private should have had the vision to offer it huh ?
Twenty years.Oh, I see. So just the local mom and pops have to pay the full freight.The bulk of the subsidy is a planned $188.2 million property tax abatement of 71 percent over 20 years
Why does every other company in the area have to pay the full property tax, and Apple doesn't?
Who says every other company is?
Cities and states offer abatements to attract businesses. They create jobs and new taxation for the city and state.
They are allowing 71% reduction meaning that they are collecting 29% of taxes they would not otherwise collect if the land were to sit there. That's 2,000 acres that they will be paying that 29% on. That's a hell of a lot of money.
That sounds fair...
how long does the break for apple last ?
Apple will leave way before then.
So how is the town going to recoup the government gifts?
50 workers.
It is government picking winners and losers, which is completely antithetical to conservatism and libertarianism.Oh, I see. So just the local mom and pops have to pay the full freight.The bulk of the subsidy is a planned $188.2 million property tax abatement of 71 percent over 20 years
Why does every other company in the area have to pay the full property tax, and Apple doesn't?
Who says every other company is?
Cities and states offer abatements to attract businesses. They create jobs and new taxation for the city and state.
They are allowing 71% reduction meaning that they are collecting 29% of taxes they would not otherwise collect if the land were to sit there. That's 2,000 acres that they will be paying that 29% on. That's a hell of a lot of money.
That sounds fair...
Sorry, but life isn't fair and neither is taxation.
Only a pseudocon would support this kind of government interference and behavioral control in the markets.
It is government making the playing field unlevel, keeping the little guys down while giving the big guys a boost.Twenty years.Oh, I see. So just the local mom and pops have to pay the full freight.Why does every other company in the area have to pay the full property tax, and Apple doesn't?
Who says every other company is?
Cities and states offer abatements to attract businesses. They create jobs and new taxation for the city and state.
They are allowing 71% reduction meaning that they are collecting 29% of taxes they would not otherwise collect if the land were to sit there. That's 2,000 acres that they will be paying that 29% on. That's a hell of a lot of money.
That sounds fair...
how long does the break for apple last ?
Apple will leave way before then.
So how is the town going to recoup the government gifts?
50 workers.
About ten years ago one of our customers started growing rapidly and needed a much larger space. They bought some land in one of our suburbs located on a street of old farm houses next to the highway. They got an abatement for the project.
It was miserable delivering there as the old road was in such bad shape it was like driving a truck on the moon. But the city tore out the two lane road in sections and began replacing it; some with four lanes. Before you knew it, other businesses started to build on that street and the side streets coming off of it. Several years later the state put up a new highway ramp for easier access to the new businesses. The Cleveland Clinic erected a new hospital with an ER and the street is still getting new businesses today.
The first business (our customer) built a brand new building with 25 docks. They expanded a few years later and today it's a 54 dock building providing hundreds of jobs.
Cities and states fight for such businesses with tax abatements because it's a huge investment for the city and state even with abatements. Without our customer deciding to relocate there, that street may very well be the same old farm house road it was ten years ago. It's called economic development.
Yes, only a liberal could support such massive government interference in the markets.It is government picking winners and losers, which is completely antithetical to conservatism and libertarianism.Oh, I see. So just the local mom and pops have to pay the full freight.Why does every other company in the area have to pay the full property tax, and Apple doesn't?
Who says every other company is?
Cities and states offer abatements to attract businesses. They create jobs and new taxation for the city and state.
They are allowing 71% reduction meaning that they are collecting 29% of taxes they would not otherwise collect if the land were to sit there. That's 2,000 acres that they will be paying that 29% on. That's a hell of a lot of money.
That sounds fair...
Sorry, but life isn't fair and neither is taxation.
Only a pseudocon would support this kind of government interference and behavioral control in the markets.
Dont lie. Every liberal supports this as well and uses it to make sure welfare is never ever cut.
Yes, only a liberal could support such massive government interference in the markets.It is government picking winners and losers, which is completely antithetical to conservatism and libertarianism.Oh, I see. So just the local mom and pops have to pay the full freight.Who says every other company is?
Cities and states offer abatements to attract businesses. They create jobs and new taxation for the city and state.
They are allowing 71% reduction meaning that they are collecting 29% of taxes they would not otherwise collect if the land were to sit there. That's 2,000 acres that they will be paying that 29% on. That's a hell of a lot of money.
That sounds fair...
Sorry, but life isn't fair and neither is taxation.
Only a pseudocon would support this kind of government interference and behavioral control in the markets.
Dont lie. Every liberal supports this as well and uses it to make sure welfare is never ever cut.
Absolutely.
Tax expenditures are by far the biggest government wealth redistribution program out there. They dwarf all other forms of welfare and are the single biggest cause of high tax rates and astronomical over-borrowing by the government.Yes, only a liberal could support such massive government interference in the markets.It is government picking winners and losers, which is completely antithetical to conservatism and libertarianism.Oh, I see. So just the local mom and pops have to pay the full freight.
That sounds fair...
Sorry, but life isn't fair and neither is taxation.
Only a pseudocon would support this kind of government interference and behavioral control in the markets.
Dont lie. Every liberal supports this as well and uses it to make sure welfare is never ever cut.
Absolutely.
Without it you couldnt resist cutting welfare handouts without whining "but corporate welfare". Easy song and dance.
It is government making the playing field unlevel, keeping the little guys down while giving the big guys a boost.
It's fucking bullshit.
A ban on tax expenditures. I've been advocating this for years.It is government making the playing field unlevel, keeping the little guys down while giving the big guys a boost.
It's fucking bullshit.
And your solution is?
It is government picking winners and losers, which is completely antithetical to conservatism and libertarianism.Oh, I see. So just the local mom and pops have to pay the full freight.The bulk of the subsidy is a planned $188.2 million property tax abatement of 71 percent over 20 years
Why does every other company in the area have to pay the full property tax, and Apple doesn't?
Who says every other company is?
Cities and states offer abatements to attract businesses. They create jobs and new taxation for the city and state.
They are allowing 71% reduction meaning that they are collecting 29% of taxes they would not otherwise collect if the land were to sit there. That's 2,000 acres that they will be paying that 29% on. That's a hell of a lot of money.
That sounds fair...
Sorry, but life isn't fair and neither is taxation.
Only a pseudocon would support this kind of government interference and behavioral control in the markets.
