SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Alighieri who wrote (648906)3/26/2012 1:59:39 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1583628
 
Al, > Oh, are state tax incentives somehow exempt from free enterprise purism? I don't think so.

Less taxes are CLOSER to free enterprise purism, not FURTHER.

They are not "gifts" given to business. That viewpoint can only come from someone who thinks government is already entitled to part of a business' revenues.

You know, like Elizabeth Warren.

Tenchusatsu



To: Alighieri who wrote (648906)3/26/2012 2:08:17 PM
From: i-node2 Recommendations  Read Replies (1) | Respond to of 1583628
 

I live in Al...my state put up billion range packages to attract Mercedes and other foreign automakers...that's big money for the state and it comes out of the pockets of those of us who live here...same for SC, TN, KY...now i understand how things work and I am not complaining...but let's not be rubes and think that somehow GM and Chrysler are unique in receiving public help.


It is an insane position to suggest that tax breaks for businesses to locate in an area (to bring jobs and revenue to a state) are in any way similar to doling out money to buy shares in a company in an effort to save it from its own unions.

That is just plain stupid.