We have Free Traitor™ Freepers that tell me corps off shore because taxes are too high. Then they tell me tax credits are bad. These people are inscrutable.
no, companies off shore because:
union work rules are too costly and promote a complete lack of productivity. they are designed to keep more union people on the payroll...
government regulations and fees are more costly than the tax rates....
now go back to your local union hall and tell them that you have failed in your attempt to try and push their agenda...
Those are two different things, in my opinion, and I can readily understand why many people would view them quite differently.
Taxes are too high, the government takes your money by default. You have zero control over how your money is to be used to run your business. The way it should be done is to lower THAT corporate tax rate, and let you run your business as you see fit and invest money in your company in a way that works best for your company and employees, NOT what works best for what flunky POS politicians think is best.
Tax Credits have to be “requested” and approved with conditions to be met to be given back. I know I’m not telling you anything you don’t already know here...the government supposedly uses this as a carrot to get behavior and products that are in line with what the government wants, such as “green” BS. This borders on fascism. There are strings attached. As a business owner, you have to pay that money out in taxes with no recourse, and you have to go hat in hand to the government to get some portion of it back, making business decisions that the government wants you to make for their own reasons, not what is best for your company.
As we see, this tax credit money is also used to reward political allies.
Also, implicit in my last post, is that the government gives “tax credits” for things that do absolutely zero, zip, nada, to improve the functioning, viability, or well-being of a business.
As we see, there are companies that are going to fail for certain, and they get to apply for tax credits, knowing full well it isn’t going to help the company, but might get more money into someone’s pocket before the gravy train runs out.
It is quite different when a well-functioning company has to pay money it could use to improve itself into government tax coffers, and that money goes to companies that should die a natural death.