Ahhh but you see if the Govt. Regs and Taxes weren't so high in the first place there would be no need for subsidies now would there?
Tax payer subsidies?!?!? What world do you live in?
THERE IS NO SUCH THING AS A COPORATE TAX!!! Businesses and coporation only collect taxes from their customers. It is lilke saying your car pays a tax or your house. Copoprations are faceless entities, and like your car or house, you pay the tax, not the inanimate object.
If there were no “coporate tax” the pretense that someone else pays the tax would be removed.
Toocqueville noted that democracy (yes, we are supposed to be a constitutional republic) was doomed when voters could be bribed with their own tax dollars. Corporations pay taxes with your purchase dollars. They act as tax collectors.
The reason coporatioins seek rosier tax deals is it gives them an unfair advantage over other competitors. Amy’s Kitchen was going to build in Sonoma County, but when face with taxes, permits, and impact fees well in excess of $20 something million, they went to NJ. They could not be competitive with that added expense even if they could colelct it from consumers (read you and me). However, locals say good riddance as they were merely being exploited, though 1000 jobs are now elsewhere.
This is also why corps. go overseas.
Sorry if I sounded a little sharp. Bottom line, we pay everything in one way or another.
Don’t forget unions. CA union shoots are 1/3 more expensive, although the dirty little secret is that 70% of the filming done in CA is non-union.
Not really. The offsets are revenues that would not otherwise be realized.