2/19/2012 2:02 PM
Clay,
I get what you are saying, I should have kept them separate. Maybe the question should be more about the tax breaks then. And both sides are giving them, at every level. I understand the reason behind tax breaks is the benefits of the recipient is the tax breaks would be paid through new workers, products and services that benefit from a business. I guess my real question is, do these tax breaks provide a return on the investment that they expect? I know here in Missouri they have given out tax breaks like Halloween candy and yet we are over 7 million in debt ( if not more)? Are these tax breaks working, how is it going to help with the debt crisis? It does create debt so what is replacing the tax revenue that was given in the break? Of course if local and state governments don't give them then do they lose businesses to other states and locations? This is all business oriented, what were to happen if no one was given these tax breaks? If a business wants to grow,they just naturally grow, if they want to move the move would be based on savings in running their businesses, whether it be location to other businesses or weather, etc.
Just thinking that here we give businesses a break yet don't want to give the average citizen a break, and with the individual welfare, doesn't that spur local businesses where that person is going out to spend that money? I thought I have seen where that creates more money into the system then tax breaks.
Mel
Melvin H. Waldron III, CGCS, Horton Smith Golf Course, City of Springfield/Greene County MO