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Non-Tech : Who Really Pays Taxes? -- Ignore unavailable to you. Want to Upgrade?

To: kvkkc1 who wrote (358)	8/16/2000 7:08:26 PM
From: ztect	Read Replies (3) \| Respond to of 666

No you assumed what I assumed incompletely... The businesses that benefit, also benefit the employees working for those businesses from cooks, hotel managers, valets, and many others in the hospitality industry for just one example: Philadelphia, where the Republican Convention was held. Philadelphia built a convention center with State, local Federal subsidies ie.(taxes). This in turn led to the building of more hotels, many of which were converted outdated office bldgs....These hotels also received subsidies and low interest loans from Federal, State and local sources. Only through having more hotel rooms was the city able to attract the Republican Convention even though the convention was held at the First Union Center. But attracting the dollars spent in Philly by the Republicans wasn't the only benefit to the city The convention, tourism and hospitality industries instigated by this mix of Federal, State and local dollars replaced a lot of industrial jobs lost to third world countries. Conventioners, tourists and Rebuplican delegates patronize businesses...yes, but also these businesses employ workers. These workers live downtown closer to their jobs which increases the demand for rental properties, which increases the rents of property onwers like me (so I've benefitted directly). The conversion of old obsolete office buildings into hotels, tightened the office space market which helped to tighten rental space which also increased demand. All the new tourist and convention businesses required professional lawyers and architects during planning and construction workers during building. I'm a designer so again I benefitted. These construction workers and professionals and employees paid rent or bought/renovated homes thus home depot and electricians/plumbers also benefitted All of this was largely instigated by public spending. This is only a small part of the "ripple effect". In general, dollars spent by cops, teachers, and others whose salaries are paid for by tax dollars provide revenues to businesses that EMPLOY people from grocery stores to hardware stores to home builders. Now how else are you benefitted by the government? Just one example. Well the home builder has to build in accordance with standards to ensure you have a safely built home. Regulations we all benefit from, but some go too far, while others don't go far enough. Companies that were left alone to police themselves were the reason why we have regulations. You do like clean water don't you? As for arenas, depending how they are financed and where they are built does and doesn't have a beneficial economic impact upon communities. Urban locations have helped towards the revitalization of many inner cities. But unfortunately the biggest beneficiaries of many sports facilities built with tax dollars have been the owners of the teams, who make out like bandits, since the value added to the teams through the new stadiums help increase the selling price of those teams and the capital gains received by these selling team owners......like....Dubya....for example. What was Dubya's investment? What was his payout? What amount of the stadium was built with tax payers dollars? Nothing like taxing the poor to give to the rich... Anyway....as for your other points...I'll discuss those in subsequent posts regarding the criminal justice/injustice system and guns.... z