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by akg_67
4616 days ago
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I used to work in Brazoria county, Texas where a few large manufacturing facilities never paid a penny in local and state taxes. One company employed about 10,000 people and there were another 40,000 employed as contractors and in supporting companies. Despite the major employers not paying taxes, Brazoria county was considered one of the wealthier counties. The benefit to local economy comes from sales and property taxes on employees, the relocation of supporting industry nearby who didn't get tax break. The key is to offer tax incentives to right kind of business. The key is to attract business with tax incentives that will attract anciliary and supporting industry. |
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