Amazon pulls out of NYC (user search)
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  Amazon pulls out of NYC (search mode)
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Author Topic: Amazon pulls out of NYC  (Read 3055 times)
True Federalist (진정한 연방 주의자)
Ernest
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« on: February 14, 2019, 07:46:47 PM »

At $120,000 in tax breaks per job, it's a good thing this isn't going thru.
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True Federalist (진정한 연방 주의자)
Ernest
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« Reply #1 on: February 16, 2019, 04:50:38 PM »


As that article points out, some of the reason for zero U.S. taxes this year is probably the increased accelerated depreciation under the TCJA and that'll be a temporary effect. Even without the TCJA, the way our tax code is structured, growing companies will pay less tax because the stuff they acquire to enable their growth will provide additional depreciation expenses. As a general rule, MACRS overstates depreciation.
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True Federalist (진정한 연방 주의자)
Ernest
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« Reply #2 on: February 17, 2019, 11:31:27 PM »

No same person wants an Amazon in their community. How do I know? They are rapidly destroying mine and I live over an hour outside Seattle.

So once you kick all those evil corporations out where are people going to work? I mean im sure that a growing economy causes disruption and adjustment to the local area but would you rather be in some rural county in West Virginia with no new companies coming in?

Not all corporations are evil.  For that matter if Amazon hadn't tried for such extreme tax breaks, I think they'd have been welcomed in NYC.
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