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by bregma
1860 days ago
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I'm all in favour of eliminating taxes on corporate revenue. Income taxes should be paid by those earning income (the dividend recipients, the capitalists making gains). Progressive taxes on executive compensation is a good idea for keeping those ridiculously excessive C-level benefits lower. Property taxes, on the other hand, should be paid by the landowner and recipient of municipal services. If Amazon wants to build a warehouse on its land and expects services like water and sewer, police and fire coverage, roads, snow and rain clearance, and many other things that property taxes pay for, they need to pay property taxes. Any property tax abatement or exemption is just taxing the local residents to help pay the exorbitant salaries of the people who go from junket to junket scooping up these delicious subsidies. I do not think it is really in the best interest of regular local citizens and for that reason it should be regulated. |
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