[viscanti]

> But the tax breaks have so far cost the city nearly $40 million.

This assumes a world where Twitter (or a Twitter like) company would have moved into what was an effectively abandoned building. They didn't displace $40M of tax revenue that would have been there and it's unlikely that they would have moved there. Now that neighborhood has a market, a coffee shop, several restaurants and a bar (all paying taxes that likely wouldn't have existed).

It seems like the city got more than they were hoping for. The neighborhood is improved, safer and no one was displaced. Square and Uber are next door and aren't getting any tax breaks (they moved into the old bank of america building which wasn't eligible for any of the tax breaks). The taxes from those two new companies along with the restaurants, shops, etc don't seem to be reflected in the (what seems to be) completely made up $40 M number.

[hobs]

Feel free to quote an opposing piece of literature that has some facts and I will be interested in what you have to say, but the numbers quoted in the material posted are fairly stark; when you say things like "completely made up" or make claims that I sort of addressed in my original comment you should probably throw a link or two to try to back it up or it sounds like you just have a dog in the race.