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To: KarlInOhio

There are less than 3 million people living in NV. If I understand the article correctly and assuming it is NV who is going to write Elon a $3 billion check that is over $1,000 per man, woman and child in NV.


25 posted on 09/04/2014 11:43:26 AM PDT by C19fan
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To: C19fan
There are less than 3 million people living in NV. If I understand the article correctly and assuming it is NV who is going to write Elon a $3 billion check that is over $1,000 per man, woman and child in NV.

But that's exactly NOT what's going to happen. Don't be foolish.

They're currently collecting something very close to $0 per year worth of property tax on the windswept deserted land in question, and they'll continue to collect something closer to zero than $600 million on that land while the factory is under construction, while at the same time collecting millions more in property taxes on the new housing that will be built for the construction workers and early factory employees, and the sales tax for all their purchases at Wal*Mart and AutoZone.

27 posted on 09/04/2014 11:52:45 AM PDT by mvpel
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To: C19fan

Why write them a check?

3b in tax breaks means the company keeps the profits and employs a bunch of folks to spend money. Selling land in Nevada to anybody is a win for the state.


31 posted on 09/04/2014 11:59:56 AM PDT by eyedigress ((zOld storm chaser from the west)/?s)
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To: C19fan
who is going to write Elon a $3 billion check

They are not writing any checks. If approved, the checks Elon writes to government would be reduced by $3 billion. That means the original tax checks for that time period would exceed $3 billion.

34 posted on 09/04/2014 12:02:23 PM PDT by thackney (life is fragile, handle with prayer.)
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