Quote:
Originally Posted by Botnst
Nope. Let all businesses pay exactly the same taxes, no deductions, no incentives. Same with private citizens. And do-away with the much-abused 401c3 deduction.
Level the playing field.
|
All I have seen come out of these 'incentives' is companies moving from one state to another. No real job creation.
One oil company I know of moved from Oklahoma to Texas and lost about 50% of their workforce, but losing people was the reason they moved. It was cheaper than a layoff and the state of Texas paid for their move.
The only ones that come out ahead in a move like this are the politicians that can later brag about how many jobs they bought to the state. I notice that none of them have ever said at what cost to the taxpayers.
Companies once set-up in states that had the best education systems. Now it is all about incentives.
It reminds me of the old joke with the punchline: We have already established what you are. Now we are arguing over the price.