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Discussion in 'Political Discussion' started by Gainzo, Mar 29, 2011.

  1. Gainzo

    Gainzo In the Starting Line-Up

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    #11 Jersey

    Corporations once again give a big middle finger to Government incentives. It would be great to get rid of incentives but when 50 separate entities (States) are competing against each other that will never work. Not to mention other Country's.

    Fidelity is closing down the Malborough facility because Rhode Island is giving them a better deal than they had in MA.

    It is a viscous cycle.

    1). Give Corporation X tax incentives.
    2). Watch Corporation X funnel that money into their bottom line to boost SHV.
    3). See Corporation X move to another State or Country based on the bottom line.
    4). Rinse and repeat :mad:

    Evergreen Solar does not plan to give back $20m in incentives
     
  2. chicowalker

    chicowalker Pro Bowl Player

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    If a government is going to give a company financial incentives, it's on the pols to make sure they write the contracts so as to properly achieve their goals.
     
  3. Gainzo

    Gainzo In the Starting Line-Up

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    #11 Jersey

    Sad but true for our tax dollars. Has any State done this?
     
  4. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    Get rid of corp taxes and 'incentives', handouts, tax breaks, subsidies, and all the rest.

    When a state or country is a difficult place to do business businesses leave.


    This article from T Sowell expands on the point and includes the migration of productive people away from lib dominated states to low tax states.

    http://www.investors.com/NewsAndAna...tion-Of-Americas-Golden-Geese.htm?src=SeeAlso


     
    Last edited: Mar 29, 2011
  5. Nikolai

    Nikolai Football Atheist PatsFans.com Supporter

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    #54 Jersey

    So...

    Tax the corps and they run. Throw money at them and they horde it. Damned if you do and damned if you don't then, eh?
     
  6. chicowalker

    chicowalker Pro Bowl Player

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    Bingo. Although, not surprisingly, you fail to point out that while pubbies are all for cutting taxes, they're big on incentives, subsidies and other corporate welfare.


    Not much of an article, as it is remarkably devoid of facts or figures. More of a commentary / opinion column.
     
  7. chicowalker

    chicowalker Pro Bowl Player

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    That's why the pols should do neither. Make it easy to run a business. Keep regs in place for safety, pollution, etc., but eliminate more of the red tape.

    When pols try to get greedy or clever, they lose. The former because companies have options (and are more greedy ;) ). The latter because the companies are smarter and have smarter lawyers.
     
  8. Real World

    Real World Moderator Staff Member

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    See, I don't think any specific industry or business should get an individualized break. Either you lower taxes and regs for all businesses, or you don't. Giving Chico Corp a break while Gainzo Industries is stuck paying the full price seems unfair to me. I've been on both sides of this issue and it's changed my mind of what I once used to think was good policy.
     
  9. Mrs.PatsFanInVa

    Mrs.PatsFanInVa PatsFans.com Supporter PatsFans.com Supporter

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    #24 Jersey

    Yep....that's why it's on the EDITORIAL PAGE, something 13 seems to have trouble understanding sometimes.
     
  10. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    I agree with this post!
     
  11. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    The dems are just big on giveaways to businesses as the pubbies arguably even more so. I am from the S Forbes branch of the Tea Party.






    It is an opinion column. For facts and figures I would suggest the US Census where Dr Sowell drew his data.
     
  12. chicowalker

    chicowalker Pro Bowl Player

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    I don't know if they'ree bigger, smaller or about the same, but of course they are big on it -- but why not blame the pubbies we well as the liberals whom you cite?


    My point was that it didn't add anything.
     
  13. chicowalker

    chicowalker Pro Bowl Player

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    A rarity, but we probably agree, or come close to agreement, on many areas regarding business, regulation and government spending.
     
  14. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    See I talked about liberal policies not political parties. You are the one who put it in the context of political parties.
     
  15. chicowalker

    chicowalker Pro Bowl Player

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    semantics, unless you're prepared to concede that many, if not most, Republicans are liberals, too
     
  16. Nikolai

    Nikolai Football Atheist PatsFans.com Supporter

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    #54 Jersey

    Nice post. That's where I was going with it. :D
     
  17. Gainzo

    Gainzo In the Starting Line-Up

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    #11 Jersey

    Maybe Dr. Sowell should have taken into account that a good percentage of people leaving the Northeast are retirees that want to spend their golden years in warmer climates?

    Or Mass residents who move to Southern New Hampshire but continue working in Mass. Those people don't count as Mass residents but they contribute to the economy.
     
  18. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    If you read the article he refers directly to young educated people from 20-40 both Black and Caucasian.
     
  19. Gainzo

    Gainzo In the Starting Line-Up

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    #11 Jersey

    I read the article and it doesn't mention anything about that age group. It mentions the 20th century and 1840's. That's the only thing I can see that mentions 20 & 40.
     
  20. Gainzo

    Gainzo In the Starting Line-Up

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    #11 Jersey

    As the CEO of Gainzo Industries I have made it clear to my lobbyist's that they need to do a better a job as Chico Corp are getting all the breaks :D
     
    Last edited: Mar 31, 2011

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