Quote:
Originally Posted by Number 10 GI
Did you follow the link to the Los Angeles Times in the RT article where the story was originated? No you didn't, you were only trying to make it sound like a Putin generated fake news. 
What difference does it make if it is federal, state or local tax money????? It's still $4.9 Billion.
Added: After more thought on this topic. What difference does it make if the article is from 2015, does it make it less truthful? That $4.9 Billion was worth a lot more then than now.
The government should not be giving tax money to private businesses. If it takes public money subsidies for a business to succeed then they have a failed business plan. |
And again you are wrong. I did read the LA Times article which is where many of the details of the locales which granted the breaks are detailed.
As to your 'further thought'. It makes a difference whether the federal or state/local governments supplied the breaks because there is a recurring theme in certain people that the Federal govt is evil and while local government is of the people. So when you bash a program stating the Federal govt did it, I see exactly that mindset. I also happen to believe you should state facts, real facts, not wrong information. Such an approach may not be fashionable to some in recent years.
I eagerly await your posting about how it is wrong for the govt to support private businesses giving figures for how much the
oil and gas industry has received over the years in both tax credits, investment credits, nearly free access to public land, discounted drilling rights...
Oil and gas got over 5 Trillion, with a T worldwide in 2015 Or even how much local govt in Sumter county has spent supporting the Morse family in their business expansions. Or how much the state of Wisconsin spent to entice a Chinese company to move there, with a big political boost from he who shall not be named. Or the nearly
9 billion given Boeing just by the state of Washington
Here is a list of the
top 99 companies receiving subsidies. The list includes many who apparently, in your words, have a failed business plan, like Ford, GM. Toyota, Nike, every major gas company, Disney, Intel, IBM and don't forget Koch industries