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by chii
2705 days ago
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> Short of implementing a federal law against it, there is no scenario where cities were not going to compete to lure Amazon. Fortunately no such federal law exists i would say that's unfortunate rather than fortunate. Cities competing for businesses is a net loss to the tax payer. If a business is to build a new HQ or invest, they should do it on the merits of their business needs and general condition applicable to all businesses. If a particular company gets an unfairly good treatment, then it's very anti-competitive for other businesses. Why should tax payer shoulder any burden for a private business specifically, rather than building general infrastructure that benefits all businesses? > If I'm Detroit and I want to rebuild my collaped city ... offer up incentives such as tax breaks for businesses that would be great - if it was a general tax break, rather than a tax break targeted at specific companies that others can't gain access to. |
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