Re:Peloton to invest $400M to build its first U.S. manufactu...
by imtringued on Wednesday May 26, 2021 @05:29AM
(#27288201)
>With the tax breaks it was given
I'm confused. If you give tax breaks then you take a loss. That's what tax breaks are. Tax breaks usually exist to buy reputation for the local politician with tax payer money. They never made sense economically because the overall tax burden for non subsidized companies goes up. If your tax rates are not competitive then you just change your tax rate for everyone.
I'm confused. If you give tax breaks then you take a loss. That's what tax breaks are. Tax breaks usually exist to buy reputation for the local politician with tax payer money. They never made sense economically because the overall tax burden for non subsidized companies goes up. If your tax rates are not competitive then you just change your tax rate for everyone.