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  • So Amazon turns down NYC -

    so rather than some 25-50 thousand jobs bringing great amounts of business and capital to the area - people rejoice (led by AOC and group) because they "defeated" the big bad greed corporations and didnt give them the 3 billion tax break.

    Have fun not working and just keep asking for policies to take money from the rich guy.
    It is wrong and ultimately self-defeating for a nation of immigrants to permit the kind of abuse of our immigration laws we have seen in recent years and we must stop it.
    Bill Clinton 1995, State of the Union Address


    "When they go low - we go High" great motto - too bad it was a sack of bullshit. DNC election mantra

  • #2
    Originally posted by baldgriff View Post
    so rather than some 25-50 thousand jobs bringing great amounts of business and capital to the area - people rejoice (led by AOC and group) because they "defeated" the big bad greed corporations and didnt give them the 3 billion tax break.

    Have fun not working and just keep asking for policies to take money from the rich guy.
    I read today that 81% of Hispanic folks in that district wanted Amazon there.

    Comment


    • #3
      Originally posted by baldgriff View Post
      so rather than some 25-50 thousand jobs bringing great amounts of business and capital to the area - people rejoice (led by AOC and group) because they "defeated" the big bad greed corporations and didnt give them the 3 billion tax break.

      Have fun not working and just keep asking for policies to take money from the rich guy.
      Seems like a libertarian wouldn't support giving a huge tax break to one specific corporation. Should be a level playing field with competition, etc. Maybe I just don't understand the part of libertarianism that proposes giving huge tax breaks to large corporations. Missed that part of my Ayn Rand studies.
      ---------------------------------------------
      Champagne for breakfast and a Sherman in my hand !
      ---------------------------------------------
      The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.
      George Orwell, 1984

      Comment


      • #4
        Originally posted by baldgriff View Post
        so rather than some 25-50 thousand jobs bringing great amounts of business and capital to the area - people rejoice (led by AOC and group) because they "defeated" the big bad greed corporations and didnt give them the 3 billion tax break.

        Have fun not working and just keep asking for policies to take money from the rich guy
        .
        So is not giving Amazon a huge tax break "taking money from the rich guy" ? Seems more like the rich guy trying to make his own rules. Remind me, how much income tax did Amazon pay on their $11 billion dollars in profit ?
        ---------------------------------------------
        Champagne for breakfast and a Sherman in my hand !
        ---------------------------------------------
        The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.
        George Orwell, 1984

        Comment


        • #5
          Originally posted by The Feral Slasher View Post
          So is not giving Amazon a huge tax break "taking money from the rich guy" ? Seems more like the rich guy trying to make his own rules. Remind me, how much income tax did Amazon pay on their $11 billion dollars in profit ?
          Bezos is a libertarian legend. He got rich by finding a loophole in our tax system and exploiting it, thereby giving him a competitive advantage over the rest of the businesses who couldn't. And he donates so much of his wealth back because that's what rich people do, if we'd just get out of the way and let them. Right........?
          If DMT didn't exist we would have to invent it. There has to be a weirdest thing. Once we have the concept weird, there has to be a weirdest thing. And DMT is simply it.
          - Terence McKenna

          Bullshit is everywhere. - George Carlin (& Jon Stewart)

          How old would you be if you didn't know how old you are? - Satchel Paige

          Comment


          • #6
            Why would I care about a city providing a tax break to a corporation in order to create more business opportunities and bring in more revenue than the break they are providing. Seems to be good a reasonably good business decision - right?

            What I find laughable is that AOC was out there saying that the city should use the 3billion dollars (a tax break - not real money) to repair their trains and pay teachers. She doesnt seem to understand the very basic concept that a tax break is not real money - but rather is likely a way to lure 10 billion of corporate revenue, providing jobs for people and allowing the individuals to move their life forward.

            Giving 3billion to get more than double that - appears to be a good business decision - especially when you can use the 7billion to fix your public transit and pay your teachers.
            It is wrong and ultimately self-defeating for a nation of immigrants to permit the kind of abuse of our immigration laws we have seen in recent years and we must stop it.
            Bill Clinton 1995, State of the Union Address


            "When they go low - we go High" great motto - too bad it was a sack of bullshit. DNC election mantra

            Comment


            • #7
              Originally posted by DMT View Post
              Bezos is a libertarian legend. He got rich by finding a loophole in our tax system and exploiting it, thereby giving him a competitive advantage over the rest of the businesses who couldn't. And he donates so much of his wealth back because that's what rich people do, if we'd just get out of the way and let them. Right........?
              not to mention all the anti-competitive aspects of their business model where they can use their power to destroy smaller competitors. It's not like they have a lot of market power and can absorb losses to kill off the competition. They are just really efficient, a model of the libertarian dream.
              ---------------------------------------------
              Champagne for breakfast and a Sherman in my hand !
              ---------------------------------------------
              The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.
              George Orwell, 1984

              Comment


              • #8
                Originally posted by baldgriff View Post
                Why would I care about a city providing a tax break to a corporation in order to create more business opportunities and bring in more revenue than the break they are providing. Seems to be good a reasonably good business decision - right?

                What I find laughable is that AOC was out there saying that the city should use the 3billion dollars (a tax break - not real money) to repair their trains and pay teachers. She doesnt seem to understand the very basic concept that a tax break is not real money - but rather is likely a way to lure 10 billion of corporate revenue, providing jobs for people and allowing the individuals to move their life forward.

                Giving 3billion to get more than double that - appears to be a good business decision - especially when you can use the 7billion to fix your public transit and pay your teachers.
                So libertarians are on board with giving huge amounts of money to certain companies. I learn more about liberarianism every day. I used to think they wanted a level playing field and competition in the marketplace.
                ---------------------------------------------
                Champagne for breakfast and a Sherman in my hand !
                ---------------------------------------------
                The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.
                George Orwell, 1984

                Comment


                • #9
                  Originally posted by baldgriff View Post
                  Why would I care about a city providing a tax break to a corporation in order to create more business opportunities and bring in more revenue than the break they are providing. Seems to be good a reasonably good business decision - right?

                  What I find laughable is that AOC was out there saying that the city should use the 3billion dollars (a tax break - not real money) to repair their trains and pay teachers. She doesnt seem to understand the very basic concept that a tax break is not real money - but rather is likely a way to lure 10 billion of corporate revenue, providing jobs for people and allowing the individuals to move their life forward.

                  Giving 3billion to get more than double that - appears to be a good business decision - especially when you can use the 7billion to fix your public transit and pay your teachers.
                  Because it exactly the opposite of what libertarians profess. But I guess attacking left wingers and socialist is more your thing
                  ---------------------------------------------
                  Champagne for breakfast and a Sherman in my hand !
                  ---------------------------------------------
                  The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.
                  George Orwell, 1984

                  Comment


                  • #10
                    Originally posted by The Feral Slasher View Post
                    Because it exactly the opposite of what libertarians profess. But I guess attacking left wingers and socialist is more your thing
                    Your snark aside, what do you propose for Amazon? They are going to put their HQ somewhere. I would think it would be up to the Representatives of each city to put their best foot forward in the hopes of trying to lure the company to their area so as to have have access to the jobs Amazon would bring.
                    On a side note note: you take a lot of shots at Libertarians for some reason without revealing anything about your own positions. I gather you are anti-military adventurism (good on you!) and I seem to remember you being anti-Hillary as well but otherwise just seem to take pot shots from the cheap seats. Why don’t you enlighten us as to your world view?

                    Comment


                    • #11
                      Originally posted by The Feral Slasher View Post
                      So is not giving Amazon a huge tax break "taking money from the rich guy" ? Seems more like the rich guy trying to make his own rules. Remind me, how much income tax did Amazon pay on their $11 billion dollars in profit ?
                      Giving the tax break as a draw to raise economic capital in your city is much different, in that the government makes an agreement to waive taxes in order to get the longer term gain which include things like - tax revenue, higher property values, more jobs, higher paying jobs, which draw people to your area and also provides a means for fixing currently broken public transit systems, increasing teacher pay (or more teachers). That 3 billion dollar waiver is not just good for the "rich guy" it is good for the people in the area and the government coffers.

                      My first reaction about the 11billion dollar profit being tax free - honestly - I was frustrated by that. However, I dont know all of the details related to that situation. If it is merely a situation where accountants found loopholes to avoid a tax - then Im frustrated because this would indicate a serious flaw in our tax code.

                      There is a difference between the Amazon tax break situation that was proposed by NYC and the other Amazon situation which is more likely taking advantage of the tax code.

                      The first is a business transaction - getting something short term to get something long term (Capitalism at its best - market freedom). A transaction by the way that would appear on the face of it to enhance the lives of tens of thousands of people. That is government working for the people - isnt it?


                      The second is likely just plain taking advantage of a tax code - If you want him to pay his taxes on the 11billion dollars - stop creating these "deductions and write-off's".
                      It is wrong and ultimately self-defeating for a nation of immigrants to permit the kind of abuse of our immigration laws we have seen in recent years and we must stop it.
                      Bill Clinton 1995, State of the Union Address


                      "When they go low - we go High" great motto - too bad it was a sack of bullshit. DNC election mantra

                      Comment


                      • #12
                        Originally posted by baldgriff View Post
                        Giving the tax break as a draw to raise economic capital in your city is much different, in that the government makes an agreement to waive taxes in order to get the longer term gain which include things like - tax revenue, higher property values, more jobs, higher paying jobs, which draw people to your area and also provides a means for fixing currently broken public transit systems, increasing teacher pay (or more teachers). That 3 billion dollar waiver is not just good for the "rich guy" it is good for the people in the area and the government coffers.

                        My first reaction about the 11billion dollar profit being tax free - honestly - I was frustrated by that. However, I dont know all of the details related to that situation. If it is merely a situation where accountants found loopholes to avoid a tax - then Im frustrated because this would indicate a serious flaw in our tax code.

                        There is a difference between the Amazon tax break situation that was proposed by NYC and the other Amazon situation which is more likely taking advantage of the tax code.

                        The first is a business transaction - getting something short term to get something long term (Capitalism at its best - market freedom). The second is just plain taking advantage of a tax code - If you want him to pay his taxes on the 11billion dollars - stop creating these "deductions and write-off's".
                        I really agree with your last paragraph. The fact Amazon doesn’t pay any tax for the second year in a row speaks to the loophole and deduction problem, not to the corporate tax rate that has been bitched about ad nauseum by the left. Tax code clearly needs revision and the number of corporate loopholes needs lessened.

                        Comment


                        • #13
                          Originally posted by baldgriff View Post
                          Giving the tax break as a draw to raise economic capital in your city is much different, in that the government makes an agreement to waive taxes in order to get the longer term gain which include things like - tax revenue, higher property values, more jobs, higher paying jobs, which draw people to your area and also provides a means for fixing currently broken public transit systems, increasing teacher pay (or more teachers). That 3 billion dollar waiver is not just good for the "rich guy" it is good for the people in the area and the government coffers.

                          My first reaction about the 11billion dollar profit being tax free - honestly - I was frustrated by that. However, I dont know all of the details related to that situation. If it is merely a situation where accountants found loopholes to avoid a tax - then Im frustrated because this would indicate a serious flaw in our tax code.

                          There is a difference between the Amazon tax break situation that was proposed by NYC and the other Amazon situation which is more likely taking advantage of the tax code. The first is a business transaction - getting something short term to get something long term. The second is just plain taking advantage of a tax code - If you want him to pay his taxes on the 11billion dollars - stop creating these "deductions and write-off's".
                          Dude, if you want to be a libertarian, fine, but you should actually be one. Huge corporations playing cities against each other to receive benefits not available to other smaller corporations is pretty much the exact opposite of what Libertarians profess. The end result of what you are supporting is the government giving huge amounts of money to Amazon. Textbook libertarianism, lol

                          Can't you see how Amazon has the market power to extort money by offering jobs to wherever they decide to locate ? Sure it might make sense for an particular location, but why should our government be bidding for jobs ? Again, the exact opposite of what a libertarian would believe in.
                          ---------------------------------------------
                          Champagne for breakfast and a Sherman in my hand !
                          ---------------------------------------------
                          The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.
                          George Orwell, 1984

                          Comment


                          • #14
                            Originally posted by The Feral Slasher View Post

                            Can't you see how Amazon has the market power to extort money by offering jobs to wherever they decide to locate ? Sure it might make sense for an particular location, but why should our government be bidding for jobs ? Again, the exact opposite of what a libertarian would believe in.
                            So, what’s the answer— more government regulation to prevent it? That isn’t exactly a Libertarian position either.

                            Comment


                            • #15
                              Originally posted by nots View Post
                              I really agree with your last paragraph. The fact Amazon doesn’t pay any tax for the second year in a row speaks to the loophole and deduction problem, not to the corporate tax rate that has been bitched about ad nauseum by the left. Tax code clearly needs revision and the number of corporate loopholes needs lessened.
                              Show me a single leftist supporting corporate loopholes.
                              If DMT didn't exist we would have to invent it. There has to be a weirdest thing. Once we have the concept weird, there has to be a weirdest thing. And DMT is simply it.
                              - Terence McKenna

                              Bullshit is everywhere. - George Carlin (& Jon Stewart)

                              How old would you be if you didn't know how old you are? - Satchel Paige

                              Comment

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