Posted on 09/04/2014 11:15:35 AM PDT by jazusamo
Musk probably needs all the ranchers and turtles kicked off the land he wants to use too. Harry Reid will get right on that.
No more government favoritism. All corporations should have a level playing field
Money which the tax man doesn’t collect is not a “cost.” If you get bent out of shape over this, you should see what California does for the film industry.
Once again, “alternative energy” is shown to be simply a way to convert tax money into rewards for Friends of Government.
So, about $50,000 per car?
crazy
You get a tax break just by being in state like Nevada which has no state income tax.
Unsustainable, rent seeking... could be the next Solyndra
More tax breaks for all!
Yep, and California is broke.
I was looking for a tie-in as well. But I think the Bundy grazing land was needed for an offset for a solar energy deal with China which Harry Reid’s son, Rory?, was going to get a big commission for putting the deal together.
I think the deal fell through but that was why Harry was so hot and bothered about getting Bundy off the land.
So you have no problem with government picking winners and losers? Let us say Ford gets a tax hike while politicians decide GM should be tax free for 20 years.
You would have the same stance?
Of course it does.
Are either of those really an issue at the Reno Tahoe Industrial Center?
http://news.yahoo.com/ap-source-tesla-selects-nevada-battery-plant-200941469.html
Tahoe Reno Industrial Center (TRIC) is a massive 107,000 acre park that encompasses a developable 30,000 acre industrial complex with pre-approved industrial and manufacturing uses.
Tax, regulatory, and statutory incentives for large new business ventures are just part and parcel of how states compete with each other. Alabama is right-to-work while Massachusetts is not, so Alabama gets the new missile factory and its 300 jobs, for example.
We’re not talking about “tax free for 20 years,” we’re talking about incentives to clear the way for a new business to be built in Nevada to employ thousands of people and generate an entirely new tax and economic base. It’s the government equivalent of “free samples” from the corner drug pusher.
every business should get the same deal and the same treatment
Agreed...The subsidies and tax breaks won’t last forever and his cars are out of sight price wise for the average person.
Uncle sugar won’t keep footing the bill.
taxpayers should not be footing the bill for stuff like this, or for stadiums either.
Employees = 6,500
Tax Costs Per Employee = $3,000,000,000/6500 ~= $460,000 per worker
Tax Breaks for 6 years till 2020 so Tax Costs Per Employee Per year = $460,000/6 ~= %76,700
What a rip off. If this goes through bend over tax payers of NV Elon is coming after you.
Every business does not bring in the quantity of jobs and associated business this deal would bring to the area.
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