My preliminary calculations demonstrated the math pans out. The corporate income tax brings in quite a bit to the general fund.
The "soft" costs to self-determination, especially to multi-national corporations are more questionable (ie. corrupting our youth, and importing third-world denizens). The concept of "Skin in the game" applies. In which case, Simplot, and companies literally tied to the land are much more preferred to mercenaries who can just get up and leave at any time.
Micron invests a considerable amount of technology and infrastructure.
But it is likely why such tax breaks are offered, in order for these companies to invest considerable capital investments which cannot easily be moved out-of-State.
If a lawmaker, I'd condition tax breaks on no DEI, and no EB-5 as starters. Import the third world; become the third world.
That's the trick, isn't it? How can we account for non-financial second and third order effects? Micron is a big supporter of pride events, which I didn't even mention here. How many of their employees are H-1B visa holders, and how much lobbying does the company do to increase those numbers?
Funny how we're all so worried about potential strings attached to $5K for private school tuition but Micron gets $6 billion, plus uncounted subsidies in Idaho, with very few strings at all. We should at least get stuff in the deal like no DEI, no LGBTQ+ nonsense, hire American, no firing people for not taking experimental injections, etc.
My preliminary calculations demonstrated the math pans out. The corporate income tax brings in quite a bit to the general fund.
The "soft" costs to self-determination, especially to multi-national corporations are more questionable (ie. corrupting our youth, and importing third-world denizens). The concept of "Skin in the game" applies. In which case, Simplot, and companies literally tied to the land are much more preferred to mercenaries who can just get up and leave at any time.
Micron invests a considerable amount of technology and infrastructure.
But it is likely why such tax breaks are offered, in order for these companies to invest considerable capital investments which cannot easily be moved out-of-State.
If a lawmaker, I'd condition tax breaks on no DEI, and no EB-5 as starters. Import the third world; become the third world.
That's the trick, isn't it? How can we account for non-financial second and third order effects? Micron is a big supporter of pride events, which I didn't even mention here. How many of their employees are H-1B visa holders, and how much lobbying does the company do to increase those numbers?
Funny how we're all so worried about potential strings attached to $5K for private school tuition but Micron gets $6 billion, plus uncounted subsidies in Idaho, with very few strings at all. We should at least get stuff in the deal like no DEI, no LGBTQ+ nonsense, hire American, no firing people for not taking experimental injections, etc.
It's sad that our government has to bribe corporations to build plants America. What's next, offer to pay them to employ Americans?