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The problem isn’t businesses trying to lower their taxes but that the taxes are increasingly high.
Exactly.
Quote:
Originally Posted by budgetwise5
Why should the people have to bear the brunt of all of the taxes...
NO ONE (corporate or individual) should have to bear the brunt of outrageously high taxes.
The "us vs them" scenario is manufactured. Evil corporations vs the exploited masses. Evil 2%ers vs the "middle class." It's the manufactured class warfare that keeps us divided and fighting each other while the political ruling class steals the products of our labor to line their own pockets.
If taxes were reasonable and fair, there would be no need for thousands of loopholes, annual grievances or corporate handouts. We would also not be working to mid-May (average for NYS, worst in the nation) just to cover our tax liabilities.
Everyone is so concerned about what the other guy is paying that they fail to see how badly we are all getting robbed.
I went back to school for a business degree close to 15 years ago. Did 120 credit hours over a little more than a year, at a NY-based school, while working full time, and got an accredited BS for around $6000 all in. No loans, no bursaries, no gifts. Just financed as I went.
Online shopping is the primary engine behind the slowdown and closing/shuttering of Big Box commercial real estate, and indeed, these days it's not worth much per square foot. Corporations and property owners are likely doing what they can to alleviate their tax burden. How would a homeowner feel if a set of conditions greatly affected their quality of life and the value of their home, yet their tax bill stayed the same or continued to rise?
This is what is happening post Sandy with many Long Island locations, increased storms/flooding/high tides and the increased inconvenience/vehicle damage/danger/reduced property value/difficulty selling that accompanies it. Yet are local governments adjusting tax bills accordingly? Is anyone getting a "Good News, Your Property Taxes Have Been Reduced" letter from their Town or Village?
Usually, the government leaves it to the property owner to take the initiative in correcting a tax to value change.
Also, the government has anti-monopoly/anti-trust laws they use to level the playing field with commerce and business. Since online retailing is taking such a big bite out of Big Box/Mom And Pop/etc. would it be fair to enact some of those laws given the circumstances? Under the "Those who do not learn from history are condemned to repeat it" theory, we all know what happens when one method/entity/etc. gets too prominent and powerful.
It is so unfair. why should retailers pay these real estate taxes, most of which go to schools? shouldn't the people who have kids pay those taxes?
I, like many don’t have kids & pay outrageous property taxes.
I love all these tax breaks for child deductions. What about a property tax break/deduction for those who do not have kids going to public schools?
It is so unfair. why should retailers pay these real estate taxes, most of which go to schools? shouldn't the people who have kids pay those taxes?
The businesses that make their money off of a community benefit from that community. They drive on the same paved roads to work. They use utilities partially subsidized by taxes. The economic health and vibrancy of the community typically increases the profits of the businesses in that area and the draw to those businesses, which is why companies choose cities with QOL to offer and retailers shutter stores in declining areas and open stores in thriving ones (and schools do play a large part in this, as well as offer a better and more educated populace to select from to employ).
Since they benefit so much from the communities they are located and profit in, there is no reason why they should keep getting all of the tax breaks that the people don’t get. Many wealthy people keep their wealth in their businesses to avoid paying higher personal taxes.
It’s not an us versus them, and corporations aren’t evil, but everything exists in a balance. When there are mergers and acquisitions almost every week, CEO's exhibit rent-seeking behavior and corporations get favoritism from the government that reduces competition, the markets are no longer free, and things are not in balance. Socialism is a farce; we will always have wealth and income inequality, as we should. It’s when the ratios become unhealthy that we have a problem.
The businesses that make their money off of a community benefit from that community. They drive on the same paved roads to work. They use utilities partially subsidized by taxes. The economic health and vibrancy of the community typically increases the profits of the businesses in that area and the draw to those businesses, which is why companies choose cities with QOL to offer and retailers shutter stores in declining areas and open stores in thriving ones (and schools do play a large part in this, as well as offer a better and more educated populace to select from to employ).
Since they benefit so much from the communities they are located and profit in, there is no reason why they should keep getting all of the tax breaks that the people don’t get. Many wealthy people keep their wealth in their businesses to avoid paying higher personal taxes.
It’s not an us versus them, and corporations aren’t evil, but everything exists in a balance. When there are mergers and acquisitions almost every week, CEO's exhibit rent-seeking behavior and corporations get favoritism from the government that reduces competition, the markets are no longer free, and things are not in balance. Socialism is a farce; we will always have wealth and income inequality, as we should. It’s when the ratios become unhealthy that we have a problem.
I like much of what you're saying here. Consider for one example, hospitals & other non-profits. Originally, the thought was that these would bring much benefit to the communities in which they reside ~ this idea formed the basis of their beneficial tax treatment.
Also wholeheartedly agree it would be beneficial & healthy for all (this rapidly vanishing concept used to be referred to as the 'common good') if everything "existed in a balance", if the ratios were, in fact, more reasonable. Consider this:
“Either way, homeowners and small businesses will have to pay more or live with smaller budgets for police, schools, garbage pickup and road repair.”
The cost is ALWAYS be passed along to the property tax owner. God for bid we don’t pass a school budget or do with less.
The tax bill is/will always be passed along to the workers. Thousands of (low paying) jobs paying their share of taxes to offset the tax breaks for these box stores.
Back on LI however a different industry. Consider the historical impact of Grumman's restructuring:
Quote:
...Shifting manufacturing away from Long Island will result in higher taxes for school systems and towns located near existing Grumman facilities, says Dr. Wunderlich of the Long Island Historical Journal. ...
“Other nonmanufacturing facilities on Long Island will be consolidated into Grumman's headquarters in Bethpage, N.Y. Grumman insists that it will remain in Bethpage.”
Until later that year when it merged with Northrop and moved its HQ...another LI tradition in manufacturing.
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letter from their Town or Village?
