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Corporate welfare in action ....

BluesLegend

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This OP obviously doesn't know what a publically traded company is, and who owns it. Hint: Countless public and private employee pension plans own Apple, omg those evil Teachers unions are sucking up corporate welfare ALARM!! :laugh:
 
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dblack

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This OP obviously doesn't know what a publically traded company is, and who owns it. Hint: Countless public and private employee pension plans own Apple, omg those evil Teachers unions are sucking up corporate welfare ALARM!! :laugh:

I get that. But it's irrelevant. The question is equal protection. Should everyone be allowed to "buy" tax abatements?
 

Billy_Kinetta

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Corporate welfare produces jobs and a desired product.

Social welfare produces urine and feces.

You make the call.
 

BluesLegend

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This OP obviously doesn't know what a publically traded company is, and who owns it. Hint: Countless public and private employee pension plans own Apple, omg those evil Teachers unions are sucking up corporate welfare ALARM!! :laugh:

I get that. But it's irrelevant. The question is equal protection. Should everyone be allowed to "buy" tax abatements?

Go ahead, pen a strongly worded letter to the Teachers unions about it.
 
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dblack

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This OP obviously doesn't know what a publically traded company is, and who owns it. Hint: Countless public and private employee pension plans own Apple, omg those evil Teachers unions are sucking up corporate welfare ALARM!! :laugh:

I get that. But it's irrelevant. The question is equal protection. Should everyone be allowed to "buy" tax abatements?

Go ahead, pen a strongly worded letter to the Teachers unions about it.
???
 

Siete

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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.
 

g5000

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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?
 

g5000

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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.
How will it pay for itself?

It's a data center with 50 workers.
 

Siete

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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.
How will it pay for itself?

It's a data center with 50 workers.


to start ... who knows how big the operation can get ? Iowa could become Corporate HQ down the road. Plenty room/real estate thats for sure.
 

Moonglow

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I wonder how much in tax incentives US companies get to move to Mexico?
 

DOTR

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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?
 

Siete

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to get people to move where not too many people want to go, you need to offer something. Take Alaska for instance,
 

Siete

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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 ?
 

BluesLegend

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This OP obviously doesn't know what a publically traded company is, and who owns it. Hint: Countless public and private employee pension plans own Apple, omg those evil Teachers unions are sucking up corporate welfare ALARM!! :laugh:

I get that. But it's irrelevant. The question is equal protection. Should everyone be allowed to "buy" tax abatements?

Go ahead, pen a strongly worded letter to the Teachers unions about it.
???

Stock holders own the corporation and benefit from the wealth the corporation generates. In many cases the owners are public pension funds like the Teachers union pension funds. So who are you really angry with, the CEO who is just hired to run the corporation or the actual owners and beneficiaries of the corporation?
 

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