|
|
|
|
|
by bhupy
2134 days ago
|
|
> Having money to hire lobbyists lets people influence legislation to their benefit. Sure, but ultimately the legislators are accountable to the voters, not the lobbyists. Most voters elect the candidate they think is most likely to represent their interests. Sometimes lobbyists influence legislators in ways that align with the interests of the legislator’s constituents, which is a feature and not a bug. When lobbyists influence legislators in ways that contradict with the interests of the legislator’s constituents, the incumbent is unseated — this isn’t uncommon. > Big businesses can demand larger tax breaks by playing cities off each other 1. Competition among cities is what allows us to get the lowest possible tax for the highest amount of benefit. This doesn’t just happen with businesses, this also happens with individual taxpayers. This is why cities and states hesitate to raise taxes lest their citizens flee to lower tax states. Switzerland operates in the same way, where Cantons compete with one another. The net result is that the Swiss enjoy some of the lowest tax rates in the developed world, while maintaining one of the highest standards of living. This downward pressure on tax increases is a feature, not a bug. 2. Your own example is a bit of a contradiction, because Amazon ultimately failed to receive the tax break it wanted, since Queens/NYC “prevailed” |
|
In the case of Amazon, they failed to receive the tax break they wanted from one locality, after protests. They still got it from the Virginia location and they found out what other cities were willing to offer them. More importantly, because of their size they were able to make demands that smaller businesses could not - so it's not like all businesses benefit from these lower taxes. And dozens of stories like this play out nationwide every year, without much coverage. This is standard operating procedure when Walmart opens a new location.