- Jul 22, 2019
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Businesses pay scads of taxes, as I just pointed out.....Maybe an ESL course is right for you.Most "infrastructure" is paid for with local lawful taxes (i.e the fuel tax) and user fees.....Of which industries like trucking pay far more than the average Joe, and arguably more than their "fair share".a subsidy if in the same as a tax break a tax break is reduction in the amount you pay in your taxes. A subsidy is additional money paid out of other people's tax money going to your company.Keeping more of your money isnt being subsidized, you ridiculous dumbfuck.These businesses are also being subsidized...you do understand that right??You are comparing tax breaks to medicaid subsidizing?So you are saying that a company receiving tax subsidies from state and federal governments isn't the same as them receiving tax payer money??It was about tax breaks. Not receiving tax payer funds.This is a bigger argument than this one case. What we see here is a company making grand promises to get huge socialist programs to finance them from the taxpayers. They promise the world but realities are far different.
Foxconn Finally Admits It Won't Create 13,000 Jobs in Wisconsin
This is why I fully supported AOC coming out and telling Amazon NO on their demands on taxpayers funds. There was no way their promises were ever going to come to fruition. It's odd at how those who condemn government socialism so quickly support things like this.
If you have a business, the taxpayers should never be on the hook for your costs.
Then how come all of the whining about state and federal government subsidizing stuff like Medicaid?? I have heard that referred to many times as people getting taxpayer money for free healthcare
It is when you're a multibillion-dollar international conglomerate that brings in hundreds of billions of dollars every year in Pays almost no taxes on any of it to begin with.
and it wasn't just tax breaks they were getting billions of dollars in subsidies handed to them every year by the State.
a subsidy if in the same as a tax break a tax break is reduction in the amount you pay in your taxes. A subsidy is additional money paid out of other people's tax money going to your company.
Wisconsin gave billions of dollars in tax money to Amazon in exchange for them moving their headquarters to the state. This date also allowed them to use tax money to build their headquarters to begin with, and allows them to operate their buildings completely without property tax.
this deal was made because Amazon promise to bring hundreds of thousands of jobs to the state which they now admit was a complete lie and they were never going to bring those jobs to the state.
Wrong....Subsidies, properly defined, are in-kind cash payments straight out of the treasury....Keeping what you've earned being described as a "subsidy" presumes that 100% of a company's earnings belong to The State first.
If a company isn't paying taxes for the infrastructure they use to be in business, someone else has to. Nobody else should be on the hook for business costs.
But none of that addresses the underlying point...Saying that a tax break or incentive is a "subsidy" presumes that `100% of business earnings belong to The State first.
If you are expecting others to pay for the things you use as a business you are being subsidized by the taxpayers. You Socialists are are the problem.
Yet many huge profitable corporations pay little in taxes thanks to a tax code set up to benefit them via numerous loopholes. Loopholes their lobbyists got implemented buying off Congress and their army of tax attorneys cleverly implement.
Just to note..........loopholes are things that were unintentional and generally not seen beforehand. What we have here are intentional laws to allow some to evade their costs of business and put it off on taxpayers.
Politicians may claim they are loopholes to avoid blame and many allow it.