Originally Posted by kent909
So what you are saying is if Apple had agreed to pay the standard tax rate that the stock of Apple would have been reduced in value?
So what your saying is that by not offering tax breaks Apple would have still built the data center there?
Are you also implying that the value of the taxes is more than the associated economic impact of having Apple build a data center in their state?
I realize people that are generally pro-big government strenuously object to any disruption in the filling of the tax income trough, but simply collecting taxes is not always the best source of revenue for a municipality.
Indeed, with the second highest corporate tax rate in the world, it's pretty easy to see the drop off of economic activity in the US vs. past years.
And every time some idiot Democrat gets up and starts spouting their class warfare rhetoric about "rich" being $250,000K and above I want to puke - small business owners, which are the backbone of our job market, often exceed $250,000K in income - and typically plow the majority of that back into their businesses too.
Our regressive and punitive income tax system is going to be the final nail in our economy if people don't stop listening to populist rhetoric and get some common sense
Then again we have people who think debt is good running around too. sigh...