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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (607410)	4/11/2011 2:42:24 PM
From: tejek	Read Replies (3) of 1580293

A community needs jobs. And giving special tax breaks is a bad way to get them. Keeping taxes lower in general is a much better way to get useful jobs and a better standard of living. Lower taxes isn't good enough. If it were, ND and SD would have been booming for decades, adding jobs left and right. However, ND only start booming when they found oil in the Bakken formation a few years ago. The only way communities can land employers is to offer special breaks beyond the lower taxes they already provide. That's a special break Lower corporate tax rates isn't a special break if it applies generally not just to favored corporations. Also note I said "or all taxes"). If you apply it generally to all property owners, there won't be enough revenue to pay for services and then services will be cut back. Employers will complain and eventually move if those services are not restored. Why should corps get a break on taxes and put the burden on private citizens? Taxes applied to corporations put the burden on private citizens. Those citizens will sometimes be the shareholders, but studies looking in to the question seem to show that most of the burden is put on the customers or workers. Indirectly. A consumer can opt out if they can't afford the product. However, they have no choice but to move when taxes are levied by a gov't body. Moving is expensive and few can afford to move. Your ideology doesn't work. Its been tried over and over again in this country. Repeating the same mistake over and over again is a sign of insanity. If communities need jobs the answer is to reject such special tax breaks, and have simpler taxes with lower rates, for everyone. Again, I say to you.....low taxes are not good enough. TX has very low taxes but continually offers special breaks so they can poach industry from other states. Its been going on for decades. You can deny the reality all you want but it is what it is.

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