Corporate welfare in action ....

[jc456]

If we want to be able to lower taxes on the working class... Why keep electing Republican scumbags who only lower taxes on the wealthiest citizens ?

Because yours is not a true statement.

What is not true?

Jeez ...

If it were a pie, your face would be wearing it.

I got you that excited you want to sit on my face??


I say no. No means no.

Why is it that Leftists such as yourself always resort to sexual crudity when losing an argument?

Odd, that.

they're all sexual predators.

 

[Brain357]

There's no such thing as corporate welfare.

What would you call it then when corporations get free money?

what exactly is free money?

If the tax credits exceed the amount of taxes due in a given year, the corporation can actually receive a refund from the state.

 

[jc456]

There's no such thing as corporate welfare.

What would you call it then when corporations get free money?

what exactly is free money?

If the tax credits exceed the amount of taxes due in a given year, the corporation can actually receive a refund from the state.

did they?

 

[Brain357]

There's no such thing as corporate welfare.

What would you call it then when corporations get free money?

what exactly is free money?

If the tax credits exceed the amount of taxes due in a given year, the corporation can actually receive a refund from the state.

did they?

Should the gov be giving away tax dollars like that?

 

[Toddsterpatriot]

Toyota's recent decision to move 4,000 jobs from California and Kentucky to Texas is a prime example of this nonsense. Texas governor Rick Perry – who, by the way, isn't fooling anyone with those glasses – boasted that it was his state's pro-business policies that allowed him to nab those jobs from California and Kentucky. But by pro-business policies, what Perry really means is that he paid Toyota $10,000 for each jobfor a total of $40 million in tax breaks and money incentives. And that's on top of the millions from the city of Plano in property tax abatements, cash incentives, and waivers on construction fees.

The numbers are depressingly simple. The net gain of jobs for the country is zero; the corporation is just moving jobs from one place to another. California and Kentucky lose thousands of jobs and a significant source of tax revenue. That's less money for California and Kentucky schools, roads, health care, etc. The people of Texas aren't really gaining all that much. In most cases, the current Toyota employees will just relocate making any increase in employment for Texas minimal. The Texas government has given away a huge amount of public funds. They also lose all of the potential tax dollars they would have received if, for instance, a group of small businesses developed the land in Plano.

Republicans love welfare...for corporations

California and Kentucky lose thousands of jobs and a significant source of tax revenue.

Corporations provide jobs and tax revenue?
That could encourage states to try to attract them with temporary tax abatements. Shhhhhhh.......

The Texas government has given away a huge amount of public funds.

Wrote them a check? Link?

 

[jc456]

There's no such thing as corporate welfare.

What would you call it then when corporations get free money?

what exactly is free money?

If the tax credits exceed the amount of taxes due in a given year, the corporation can actually receive a refund from the state.

did they?

Should the gov be giving away tax dollars like that?

why not? every person working at the facility will be paying taxes. so there is a big gain to the state and the country. not sure you get it yet.

 

[JoeNormal]

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.

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. If you want "fair" in your town, fine, but don't complain when nothing new moves there. Don't complain when there are no new jobs. Don't complain when they need to increase your taxes to make up for lost business they could have had by giving abatements. After all, taxes only go up when costs go up, they seldom come down.

Has it ever occurred to you that the race to the bottom should be impeded at some point?

 

[Brain357]

What would you call it then when corporations get free money?

what exactly is free money?

If the tax credits exceed the amount of taxes due in a given year, the corporation can actually receive a refund from the state.

did they?

Should the gov be giving away tax dollars like that?

why not? every person working at the facility will be paying taxes. so there is a big gain to the state and the country. not sure you get it yet.

Well it is anti capitalism and free market. You think gov picking winners and losers is better than free market?

You like higher taxes? Company moves or expands paid by tax payers. Tax payer loses.

 

[Brain357]

Toyota's recent decision to move 4,000 jobs from California and Kentucky to Texas is a prime example of this nonsense. Texas governor Rick Perry – who, by the way, isn't fooling anyone with those glasses – boasted that it was his state's pro-business policies that allowed him to nab those jobs from California and Kentucky. But by pro-business policies, what Perry really means is that he paid Toyota $10,000 for each jobfor a total of $40 million in tax breaks and money incentives. And that's on top of the millions from the city of Plano in property tax abatements, cash incentives, and waivers on construction fees.

The numbers are depressingly simple. The net gain of jobs for the country is zero; the corporation is just moving jobs from one place to another. California and Kentucky lose thousands of jobs and a significant source of tax revenue. That's less money for California and Kentucky schools, roads, health care, etc. The people of Texas aren't really gaining all that much. In most cases, the current Toyota employees will just relocate making any increase in employment for Texas minimal. The Texas government has given away a huge amount of public funds. They also lose all of the potential tax dollars they would have received if, for instance, a group of small businesses developed the land in Plano.

Republicans love welfare...for corporations

California and Kentucky lose thousands of jobs and a significant source of tax revenue.

Corporations provide jobs and tax revenue?
That could encourage states to try to attract them with temporary tax abatements. Shhhhhhh.......

The Texas government has given away a huge amount of public funds.

Wrote them a check? Link?

Tax payer getting hosed. You don't like capitalism? You think the gov should pick winners and losers?

 

[Brain357]

No doubt, proponents of Enterprise Florida will argue it's necessary to create jobs, but the facts tell another story. They argue that being pro-business is being pro-free-market. It isn't the same.

Americans for Prosperity advocates for the free market to ensure that government treats everyone with fairness and fosters a level playing field — an environment where businesses focus on their customers, rather than a government that picks winners and losers.

https://www.linkedin.com/pulse/cut-off-enterprise-florida-end-corporate-welfare-andres-malave

 

[Toddsterpatriot]

Toyota's recent decision to move 4,000 jobs from California and Kentucky to Texas is a prime example of this nonsense. Texas governor Rick Perry – who, by the way, isn't fooling anyone with those glasses – boasted that it was his state's pro-business policies that allowed him to nab those jobs from California and Kentucky. But by pro-business policies, what Perry really means is that he paid Toyota $10,000 for each jobfor a total of $40 million in tax breaks and money incentives. And that's on top of the millions from the city of Plano in property tax abatements, cash incentives, and waivers on construction fees.

The numbers are depressingly simple. The net gain of jobs for the country is zero; the corporation is just moving jobs from one place to another. California and Kentucky lose thousands of jobs and a significant source of tax revenue. That's less money for California and Kentucky schools, roads, health care, etc. The people of Texas aren't really gaining all that much. In most cases, the current Toyota employees will just relocate making any increase in employment for Texas minimal. The Texas government has given away a huge amount of public funds. They also lose all of the potential tax dollars they would have received if, for instance, a group of small businesses developed the land in Plano.

Republicans love welfare...for corporations

California and Kentucky lose thousands of jobs and a significant source of tax revenue.

Corporations provide jobs and tax revenue?
That could encourage states to try to attract them with temporary tax abatements. Shhhhhhh.......

The Texas government has given away a huge amount of public funds.

Wrote them a check? Link?

Tax payer getting hosed. You don't like capitalism? You think the gov should pick winners and losers?

Tax payer getting hosed.

How? If they develop farmland (not saying they are), and only pay half the developed land property tax rate, that's still more than the farmland tax rate (at least in Illinois)

You don't like capitalism?

Capitalism is awesome!!!

You think the gov should pick winners and losers?

No. Solyndra and "green energy" subsidies are a big waste of actual dollars.

 

[Brain357]

Toyota's recent decision to move 4,000 jobs from California and Kentucky to Texas is a prime example of this nonsense. Texas governor Rick Perry – who, by the way, isn't fooling anyone with those glasses – boasted that it was his state's pro-business policies that allowed him to nab those jobs from California and Kentucky. But by pro-business policies, what Perry really means is that he paid Toyota $10,000 for each jobfor a total of $40 million in tax breaks and money incentives. And that's on top of the millions from the city of Plano in property tax abatements, cash incentives, and waivers on construction fees.

The numbers are depressingly simple. The net gain of jobs for the country is zero; the corporation is just moving jobs from one place to another. California and Kentucky lose thousands of jobs and a significant source of tax revenue. That's less money for California and Kentucky schools, roads, health care, etc. The people of Texas aren't really gaining all that much. In most cases, the current Toyota employees will just relocate making any increase in employment for Texas minimal. The Texas government has given away a huge amount of public funds. They also lose all of the potential tax dollars they would have received if, for instance, a group of small businesses developed the land in Plano.

Republicans love welfare...for corporations

California and Kentucky lose thousands of jobs and a significant source of tax revenue.

Corporations provide jobs and tax revenue?
That could encourage states to try to attract them with temporary tax abatements. Shhhhhhh.......

The Texas government has given away a huge amount of public funds.

Wrote them a check? Link?

Tax payer getting hosed. You don't like capitalism? You think the gov should pick winners and losers?

Tax payer getting hosed.

How? If they develop farmland (not saying they are), and only pay half the developed land property tax rate, that's still more than the farmland tax rate (at least in Illinois)

You don't like capitalism?

Capitalism is awesome!!!

You think the gov should pick winners and losers?

No. Solyndra and "green energy" subsidies are a big waste of actual dollars.

So then you know gov should stay out of capitalism. Solyndra is a good example why.

 

[BluesLegend]

There's no such thing as corporate welfare.

What would you call it then when corporations get free money?

what exactly is free money?

If the tax credits exceed the amount of taxes due in a given year, the corporation can actually receive a refund from the state.

Example of this? Yes we thought not.

 

[Brain357]

There's no such thing as corporate welfare.

What would you call it then when corporations get free money?

what exactly is free money?

If the tax credits exceed the amount of taxes due in a given year, the corporation can actually receive a refund from the state.

Example of this? Yes we thought not.

You must be blind.

 

[Toddsterpatriot]

Toyota's recent decision to move 4,000 jobs from California and Kentucky to Texas is a prime example of this nonsense. Texas governor Rick Perry – who, by the way, isn't fooling anyone with those glasses – boasted that it was his state's pro-business policies that allowed him to nab those jobs from California and Kentucky. But by pro-business policies, what Perry really means is that he paid Toyota $10,000 for each jobfor a total of $40 million in tax breaks and money incentives. And that's on top of the millions from the city of Plano in property tax abatements, cash incentives, and waivers on construction fees.

The numbers are depressingly simple. The net gain of jobs for the country is zero; the corporation is just moving jobs from one place to another. California and Kentucky lose thousands of jobs and a significant source of tax revenue. That's less money for California and Kentucky schools, roads, health care, etc. The people of Texas aren't really gaining all that much. In most cases, the current Toyota employees will just relocate making any increase in employment for Texas minimal. The Texas government has given away a huge amount of public funds. They also lose all of the potential tax dollars they would have received if, for instance, a group of small businesses developed the land in Plano.

Republicans love welfare...for corporations

California and Kentucky lose thousands of jobs and a significant source of tax revenue.

Corporations provide jobs and tax revenue?
That could encourage states to try to attract them with temporary tax abatements. Shhhhhhh.......

The Texas government has given away a huge amount of public funds.

Wrote them a check? Link?

Tax payer getting hosed. You don't like capitalism? You think the gov should pick winners and losers?

Tax payer getting hosed.

How? If they develop farmland (not saying they are), and only pay half the developed land property tax rate, that's still more than the farmland tax rate (at least in Illinois)

You don't like capitalism?

Capitalism is awesome!!!

You think the gov should pick winners and losers?

No. Solyndra and "green energy" subsidies are a big waste of actual dollars.

So then you know gov should stay out of capitalism. Solyndra is a good example why.

So then you know gov should stay out of capitalism.

Absolutely.
Cut the corporate rate to 15%.
End the minimum wage.
End agricultural subsidies.
Lots of things the Federal government should stop doing.

 

[Brain357]

— A total of 33 were net losers. Awarded $24.3 million to create 5,696 jobs, the companies actually lost 1,550 jobs — but were still paid $10.8 million.

Florida Taxpayers Provide $1.7 Billion In Corporate Welfare, Get Few Jobs In Return

 

[Brain357]

Toyota's recent decision to move 4,000 jobs from California and Kentucky to Texas is a prime example of this nonsense. Texas governor Rick Perry – who, by the way, isn't fooling anyone with those glasses – boasted that it was his state's pro-business policies that allowed him to nab those jobs from California and Kentucky. But by pro-business policies, what Perry really means is that he paid Toyota $10,000 for each jobfor a total of $40 million in tax breaks and money incentives. And that's on top of the millions from the city of Plano in property tax abatements, cash incentives, and waivers on construction fees.

The numbers are depressingly simple. The net gain of jobs for the country is zero; the corporation is just moving jobs from one place to another. California and Kentucky lose thousands of jobs and a significant source of tax revenue. That's less money for California and Kentucky schools, roads, health care, etc. The people of Texas aren't really gaining all that much. In most cases, the current Toyota employees will just relocate making any increase in employment for Texas minimal. The Texas government has given away a huge amount of public funds. They also lose all of the potential tax dollars they would have received if, for instance, a group of small businesses developed the land in Plano.

Republicans love welfare...for corporations

California and Kentucky lose thousands of jobs and a significant source of tax revenue.

Corporations provide jobs and tax revenue?
That could encourage states to try to attract them with temporary tax abatements. Shhhhhhh.......

The Texas government has given away a huge amount of public funds.

Wrote them a check? Link?

Tax payer getting hosed. You don't like capitalism? You think the gov should pick winners and losers?

Tax payer getting hosed.

How? If they develop farmland (not saying they are), and only pay half the developed land property tax rate, that's still more than the farmland tax rate (at least in Illinois)

You don't like capitalism?

Capitalism is awesome!!!

You think the gov should pick winners and losers?

No. Solyndra and "green energy" subsidies are a big waste of actual dollars.

So then you know gov should stay out of capitalism. Solyndra is a good example why.

So then you know gov should stay out of capitalism.

Absolutely.
Cut the corporate rate to 15%.
End the minimum wage.
End agricultural subsidies.
Lots of things the Federal government should stop doing.

But you are ok with tax payers funding corp moves and expansions? Picking winners and losers.

 

[Toddsterpatriot]

California and Kentucky lose thousands of jobs and a significant source of tax revenue.

Corporations provide jobs and tax revenue?
That could encourage states to try to attract them with temporary tax abatements. Shhhhhhh.......

The Texas government has given away a huge amount of public funds.

Wrote them a check? Link?

Tax payer getting hosed. You don't like capitalism? You think the gov should pick winners and losers?

Tax payer getting hosed.

How? If they develop farmland (not saying they are), and only pay half the developed land property tax rate, that's still more than the farmland tax rate (at least in Illinois)

You don't like capitalism?

Capitalism is awesome!!!

You think the gov should pick winners and losers?

No. Solyndra and "green energy" subsidies are a big waste of actual dollars.

So then you know gov should stay out of capitalism. Solyndra is a good example why.

So then you know gov should stay out of capitalism.

Absolutely.
Cut the corporate rate to 15%.
End the minimum wage.
End agricultural subsidies.
Lots of things the Federal government should stop doing.

But you are ok with tax payers funding corp moves and expansions?

Funding? No.
I think writing a check to a sports team or buying a stadium for a sports team is a bad idea.
Giving a new facility a lower property tax for a limited time is fine.
More if the tax receipts, even at the lower rate, are higher than the unimproved land tax receipts.

 

[Aries]

IF corporate welfare created a living wage, we wouldn't need social welfare.



Alas, the greedy Ceos just pocket the money and leave their workers for the department of social serves to support. Shocker.

An employer does all that, huh? I guess the worker is in no way responsible. After all, if your highest talent is stocking shelves, it should at least pay $22.00 an hour not because the work is worth it, but because it's the right thing to do. And as we know, people don't start businesses to make a profit, they start businesses as a social obligation.

Any American working 40 hours a week should be making a living wage. Period. If you think otherwise you're a POS.

People can't survive off 10 an hour in most places, living costs are too high!!

Then to solution is to make your labor more valuable, not forcing your employer to pay you more than your labor is worth.


Sent from my iPhone using USMessageBoard.com

The value of the labor should be adjusting in accordance to the cost of living. It's not.. And it won't without proper legislation. Why would employers pay more than necessary. Most won't.

The 1% is literally draining all of the countries money, and they have been for decades.wealth inequality is worse than I've seen in my lifetime. The middle class is shrinking and ill let you in on a little secret... They arent joining the billionaires, they're joining the impoverished.

But you guys just keep bashing the workers....
(That's what the TOP 1% needs us to do, point the finger at each other and not at them)

The value of the labor should be adjusting in accordance to the cost of living.

Why?

Seriously? So we don't have rampant poverty..

If living costs continue to raise and wages don't more and more people continually fall under the federal poverty level...
It's not rocket science.

"Why?"
Do you hate America?

 

[Brain357]

Tax payer getting hosed. You don't like capitalism? You think the gov should pick winners and losers?

Tax payer getting hosed.

How? If they develop farmland (not saying they are), and only pay half the developed land property tax rate, that's still more than the farmland tax rate (at least in Illinois)

You don't like capitalism?

Capitalism is awesome!!!

You think the gov should pick winners and losers?

No. Solyndra and "green energy" subsidies are a big waste of actual dollars.

So then you know gov should stay out of capitalism. Solyndra is a good example why.

So then you know gov should stay out of capitalism.

Absolutely.
Cut the corporate rate to 15%.
End the minimum wage.
End agricultural subsidies.
Lots of things the Federal government should stop doing.

But you are ok with tax payers funding corp moves and expansions?

Funding? No.
I think writing a check to a sports team or buying a stadium for a sports team is a bad idea.
Giving a new facility a lower property tax for a limited time is fine.
More if the tax receipts, even at the lower rate, are higher than the unimproved land tax receipts.

So you do want the gov picking winners and losers. So those doing the most lobbying get breaks. Tax payers lose.