She’s right for all the wrong reasons. The problem is NY’s taxes on businesses are too high. That gives politicians the power to lower them for selected powerful or crony businesses and keep them high on the less powerful and less connected.
It’s basically a tax on small and medium size business that politicians can waive for selected campaign donors.
The correct solution would be to reduce taxes on all businesses. But that would reduce politicians power to favor their buddies.
Nah, she’s not right at all.
Yes, taxes are too high. Does that mean that the little guy gets screwed and the big guy gets a sweet deal?
In a way... yes. In a way no. Okay, so why?
This deal was going to wind up giving the state of New York $27 billion dollars in taxation.
Shouldn’t a business that’s going to give that kind of revenue to the state be able to swing some sort of a deal?
How does that hurt the little guy? The little guy’s taxes will be far less likely to be raised if the community they live in is getting tens of billions of revenue from another source.
Don’t forget, that $27 billion was just from the business. The employees of that business would be paying out all sorts of taxes as they conducted commerce in the region. (even if the employee taxation was figured in as part of the $27 billion, that still an amazing amount of money)
The us vs them tactic is way overused.
No, she’s an idiot. She’s not right about anything.
Making a mistake and being right, does not merit credit.
Yes, sure, reducing taxes across the board would increase revenues and proliferation of business.
We’re all in favor of that. I still say giving a tax incentive to get them to locate to your area, is a great thing to do.
Wouldn’t you be happy to get 90% of a pie than no pie at all?
She just cancelled the whole pie, and is just thrilled at her own brilliance, as if...
So you and AOC are simpatico? LOL!