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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Elsewhere who wrote (27832)2/4/2004 5:57:46 AM
From: LindyBill  Respond to of 793755
 
As an Irish taxpayer I would oppose my tax money being used to attract companies.

It's a tough subject, JJ. Every Political entity in the US makes deals with companies. How well it works out is really unknown. I certainly don't trust any stats on it.

Malls make deals to get stores in, which is a private property deal.

RyanAir may be flimflam, I know nothing about them. But your problem is those Brussel's Bureaucrats micromanaging things. You seem to have the old fat cat Airline system we had until we shut down the FAA control under Carter. Only worse.

That move by Carter was the one good thing I know his Administration did.



To: Elsewhere who wrote (27832)2/4/2004 6:00:22 AM
From: greenspirit  Read Replies (1) | Respond to of 793755
 
That's a flipped upside down way of looking at it. If a company doesn't come to your town, there are no taxes being generated. If a company comes into your town by being given a tax incentive, they haven't necessarily taken money out of your pocket, they have taken less out of the companies pocket, because of all the other jobs and revenue being generated by their presence.

There is a financial balancing act at play. In a severely depressed area, like Alghero, jobs and growth are in desperate need, so the town has more incentive to give greater tax breaks. But the bottom line is; local towns and local people should have the freedom to work out business arrangements with corporations in the field of airline travel without some bureaucrat from London, Germany or France dictating policy to them.

Especially when you know, that process is being manipulated by special interests behind the scene trying to save their back-side due to new competition eating their shorts.