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Tax Breaks for Twitter Bring Benefits and Criticism

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Re: Tax Breaks for Twitter Bring Benefits and Criticism

#4

Benefits from shareholders in Twitter... criticism from people tired of this. I don't care how many heartwarming stories from the bright side of trickle-down economics is trotted it, it isn't the norm.

Unable to see any trickle down here. So many rich people have invested in twitter and haven't seen any decent profits while thousands of employees continue to draw decent salary.

Re: Tax Breaks for Twitter Bring Benefits and Criticism

#5

Benefits from shareholders in Twitter... criticism from people tired of this. I don't care how many heartwarming stories from the bright side of trickle-down economics is trotted it, it isn't the norm.

The norm has seen two decades of middle and lower class decline. The heartwarming stories are people actually being helped.

If tax incentives keep investment local, rather than profits in off-shore havens where taxes aren't assessed anyway, I fail to see the issue.

I'm all on board with closing off shore holdings loopholes for billion dollar corporations. But until that happens, this seems positive to me.

Edit: have you been to the Tenderloin? I ask not as a gotcha but whether you understand the state it and it's people are in (which you may very well).

Re: Tax Breaks for Twitter Bring Benefits and Criticism

#6

Benefits from shareholders in Twitter... criticism from people tired of this. I don't care how many heartwarming stories from the bright side of trickle-down economics is trotted it, it isn't the norm.

The norm has seen two decades of middle and lower class decline. The heartwarming stories are people actually being helped. If tax incentives keep investment local, rather than profits in off-shore havens where taxes aren't assessed anyway, I fail to see the issue. I'm all on board with closing off shore holdings loopholes for billion dollar corporations. But until that happens, this seems positive to me. Edit: have…

I think this is spot on. Companies would not move to the Tenderloin without some benefits and this could change the area for better. It has a pretty good location so it should not take a lot.

Re: Tax Breaks for Twitter Bring Benefits and Criticism

#7
post #6

Earlier quoted context omitted.

The norm has seen two decades of middle and lower class decline. The heartwarming stories are people actually being helped. If tax incentives keep investment local, rather than profits in off-shore havens where taxes aren't assessed anyway, I fail to see the issue. I'm all on board with closing off shore holdings loopholes for billion dollar corporations. But until that happens, this seems positive to me. Edit: have…

I think this is spot on. Companies would not move to the Tenderloin without some benefits and this could change the area for better. It has a pretty good location so it should not take a lot.

Why do companies need benefits to move to a part of a city that is cheap (well, comparatively?)

The city council in Austin was giving away millions of dollars in tax breaks to companies to come here and this was amidst all the hype. The companies wanted to come here anyways, the locals might as well gouge em for all they're worth!

Re: Tax Breaks for Twitter Bring Benefits and Criticism

#8
post #6

Earlier quoted context omitted.

I think this is spot on. Companies would not move to the Tenderloin without some benefits and this could change the area for better. It has a pretty good location so it should not take a lot.

Why do companies need benefits to move to a part of a city that is cheap (well, comparatively?) The city council in Austin was giving away millions of dollars in tax breaks to companies to come here and this was amidst all the hype. The companies wanted to come here anyways, the locals might as well gouge em for all they're worth!

> Why do companies need benefits to move to a part of a city that is cheap (well, comparatively?)

I wouldnt be comfortable working late in the Tenderloin on a regular basis. I'll pass through when my destination takes me that way, but I'm always very aware of my surroundings when I do. A company would have to entice me to work there via money or a hell of a great culture. Chances are slim that I'll come to harm on a given occasion, but with increased exposure comes increased risk.

Re: Tax Breaks for Twitter Bring Benefits and Criticism

#9
post #6

Earlier quoted context omitted.

The norm has seen two decades of middle and lower class decline. The heartwarming stories are people actually being helped. If tax incentives keep investment local, rather than profits in off-shore havens where taxes aren't assessed anyway, I fail to see the issue. I'm all on board with closing off shore holdings loopholes for billion dollar corporations. But until that happens, this seems positive to me. Edit: have…

I think this is spot on. Companies would not move to the Tenderloin without some benefits and this could change the area for better. It has a pretty good location so it should not take a lot.

Who cares about the "area." Patches of ground don't need to be improved, because they are happy as they are - not being alive. Improvements would benefit the inhabitants of an area. So if your improvement of a patch of ground involves removing the inhabitants, you should really stop rationalizing what you're doing.

Re: Tax Breaks for Twitter Bring Benefits and Criticism

#10

Earlier quoted context omitted.

Why do companies need benefits to move to a part of a city that is cheap (well, comparatively?) The city council in Austin was giving away millions of dollars in tax breaks to companies to come here and this was amidst all the hype. The companies wanted to come here anyways, the locals might as well gouge em for all they're worth!

> Why do companies need benefits to move to a part of a city that is cheap (well, comparatively?) I wouldnt be comfortable working late in the Tenderloin on a regular basis. I'll pass through when my destination takes me that way, but I'm always very aware of my surroundings when I do. A company would have to entice me to work there via money or a hell of a great culture. Chances are slim that I'll come to harm on a…

Therein lies the problem. We're not talking about down on your luck, rough chance of circumstances for many of the residents here, we're talking about mental illness and all too often violent drug addicted reactions. For every person standing against gentrification, there are probably a dozen who could stand to benefit from it.
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