Re:Google Wants $15M in Tax Breaks to Build a Data Center in...
by toomuchtodo on Monday March 04, 2019 @07:28PM
(#19307085)
> What would legislation to address this at the national level even look like?
Any tax breaks offered to and accepted by a corporation reduce federal dollars provided to the state where the tax breaks were provided. Let the state deal with the accounting internally if you want to penalize locals directly for their actions.
This doesn't outlaw the tax breaks, but it does force states to feel the pain of doing it by making it net out. No different than when the federal government requires states to raise the drinking age to 21 by withholding highway funds.
If we can cap SALT deductions, this isn't much of a stretch beyond that.
Any tax breaks offered to and accepted by a corporation reduce federal dollars provided to the state where the tax breaks were provided. Let the state deal with the accounting internally if you want to penalize locals directly for their actions.
This doesn't outlaw the tax breaks, but it does force states to feel the pain of doing it by making it net out. No different than when the federal government requires states to raise the drinking age to 21 by withholding highway funds.
If we can cap SALT deductions, this isn't much of a stretch beyond that.