Ocasio-Cortez

[oldno7]

///.

[BasinCruiser]

Happy V-day from AOC.

[BasinCruiser]

[Iceaxe]

The new face of the Democratic party, Socialist AOC, just cost New York 25,000 jobs and economic vitality. That's an impressive number of lost jobs for someone that has only held office for less then 2 months.

Amazon pulls out of plan to build New York City headquarters after backlash

https://www.foxnews.com/tech/amazon-...y-headquarters

[uintafly]

The new face of the Democratic party, Socialist AOC, just cost New York 25,000 jobs and economic vitality. That's an impressive number of lost jobs for someone that has only held office for less then 2 months.

Amazon pulls out of plan to build New York City headquarters after backlash

https://www.foxnews.com/tech/amazon-...y-headquarters

For those of us that don't follow all things Amazon, what were the reasons the local politicians were against Amazon coming in?

Was it like when facebook wanted to come to Utah, but basically wanted the local municipalities to bend over for the privilege?

[rockgremlin]

The new face of the Democratic party, Socialist AOC, just cost New York 25,000 jobs and economic vitality. That's an impressive number of lost jobs for someone that has only held office for less then 2 months.

Amazon pulls out of plan to build New York City headquarters after backlash

https://www.foxnews.com/tech/amazon-...y-headquarters

Thing is....AOC won't see this as a negative thing. She will more than likely consider this a victory.

This is the reason we like to send our jobs overseas, people!

[Iceaxe]

For those of us that don't follow all things Amazon, what were the reasons the local politicians were against Amazon coming in?

Was it like when facebook wanted to come to Utah, but basically wanted the local municipalities to bend over for the privilege?

Similar to the Facebook deal. NY had to make a lot of concessions.... or can't see the big picture. The reason NY had to give up so much was there is 20 other cities standing in line willing to make the same deal.

As a small business owner I do think it's bullshit large corporations get tax breaks for moving in, but I also understand the big picture and what a large corporation can do for a local economy. A rising tide floats all boats.

[BasinCruiser]

Thing is....AOC won't see this as a negative thing. She will more than likely consider this a victory.

This is the reason we like to send our jobs overseas, people!

Ding, Ding, Ding. We have a winner.

[oldno7]

uintah must be so proud^^^^

Ain't no room for that there capitalism in our communist party

[uintafly]

Uinta not Uintah. Like the mountains, not the county

Also, yesterday I was a socialist and now I'm a communist? Hard to keep up with your strawmen.

And just to play devils advocate here for a minute. I always took you for a free market kind of guy. Why do think the government should give tax breaks and incentives to 1 company and not another? If the government is picking and choosing winners does that still count as free market capitalism?

[dougrz]

It is an odd situation. I adamantly oppose special tax breaks to lure companies. Or sports teams. Or anything. I believe it's a violation of the equal protection clause in the Constitution. If cities and states are to compete for biz, it should be on general policy, not targeted ones.

That said, I adamantly support massive deregulation and tax reduction. So it's odd to support the "position" of AOC and Warren on this. Of course they want shakedowns and more requirements on biz, so not really.

[oldno7]

Uinta not Uintah. Like the mountains, not the county

Also, yesterday I was a socialist and now I'm a communist? Hard to keep up with your strawmen.

And just to play devils advocate here for a minute. I always took you for a free market kind of guy. Why do think the government should give tax breaks and incentives to 1 company and not another? If the government is picking and choosing winners does that still count as free market capitalism?

Really?
You don't understand economics at all.
Incentives are given to companies to lure them to a particular state, knowing the resulting increase in employment and sales tax, far exceed the initial break.

communist--socialist, tomato/tomato

at this point, what difference does it really make?

[BasinCruiser]

Really?
You don't understand economics at all.
Incentives are given to companies to lure them to a particular state, knowing the resulting increase in employment and sales tax, far exceed the initial break.

communist--socialist, tomato/tomato

at this point, what difference does it really make?

Honest question: Isn't tax breaks to selective companies to lure them in just corporate socialism? If the government recongized social benefits to attracting more businesses to the area with more leniant regulation and lower taxes, shouldn't they make the playing field even for all the componies, not just those they are trying to woo? And, not punish the companies that are already in it's jurisdition. Just trying to understand the difference.

[uintafly]

Really?
You don't understand economics at all.
Incentives are given to companies to lure them to a particular state, knowing the resulting increase in employment and sales tax, far exceed the initial break.

communist--socialist, tomato/tomato

at this point, what difference does it really make?

Dude, I have no problem with incentives (or disincentives for that matter), but I'm not the one running around claiming the free market will solve all. I am just glad you are on board with corporate welfare when it is in the best interest of society.

[oldno7]

Competition for these companies are huge, due to the net positive income to follow and benefit states tax base.

When there is competition, it is most definetely a free market.

Corporate socialism is a mis guided term by democrat/socialist/communist who don't understand free markets

[oldno7]

And to keep having to type big words I'll just refer to you as a DSCLP for now on.

I know your side likes letters of the alphabet.

We can add to it later, you guys like that.

[oldno7]

hmmm--Utahn's get benefits from what you call corporate welfare...

I demand you pay it back--hypocrtite( DSCLPH)

"One of the primary benefits of this is that it restores that revenue back to the taxpayer," McCay told the committee. He said lowering Utah's income tax rate below 5 percent removes an "important hurdle" for companies looking to relocate.

[uintafly]

And to keep having to type big words I'll just refer to you as a DSCLP for now on.

I know your side likes letters of the alphabet.

We can add to it later, you guys like that.

Lol. Drunk and rambling is no way to go through life my man.

[dougrz]

Competition for these companies are huge, due to the net positive income to follow and benefit states tax base.

When there is competition, it is most definetely a free market.

Corporate socialism is a mis guided term by democrat/socialist/communist who don't understand free markets

I agree with virtually everything you post and love your memes. But I do have a small quibble on this point. Targeted tax incentives to particular companies in deals strike me like reducing criminal penalties to particular people or entities. Equal treatment under the law is a paramount duty of govt. Akin to security. Bonus would be increased exodus of biz from leftist states unable to screw around and offer special breaks. Let the crummy localities suffer more from their socialist tendencies.

[oldno7]

Thats ok, doug, we can disagree.

The amount of jobs attached to this Amazon deal, is 25,000.

Thats equal to the population of South Salt lake/Saratoga Springs, Washington City, you get the idea.

The tax revenue generated by this planned venture is $10billion,over 20 years.

Now keep in mind, amazon is not getting 2-3billion in cash to stick in their pocket but rather 2 billion in incentives and tax breaks.

The ever brilliant AOC stated they could better use the 3billion(not sure where her number differs but no matter)for education,subways and local jobs.

There is no $2-3billion dollars, that was an incentive, she is not intelligent enough to understand the $7-8billion net profit over 20 years, THAT could fund
teachers and fix infrastructure, not an incentive.
https://www.bing.com/videos/search?q...3BF9&FORM=VIRE

New yorks original incentive was $1.7 billion(round it to 2billion for simplicity)

So if my early morning math is right--in 4 years, new York would be in a positive cash flow from the original tax break(investment)

So, new yorks original investment will net a 500% return in 20 years, or about 25% per year.

That's a great return!

Theres business and theres politics, they don't mix well.

Government is rarely accountable, business by nature of free markets, has to be.

This is why Trump is in such a battle, he understands business, we voted him in to run the country as a business and be accountable.

That is why he is so heavily opposed by lawmakers who have become accountable to no one.

This amazon, deal/no deal is what free markets are all about, free choice, new York made theirs, amazon did as well.

the markets have spoken.

The antithesis of this deal would be if government would only allow any business to locate where they(government) allow, that would be socialism.