I think you're confusing capitalism with government and starting from the position that the prevailing tax rates and worker compensation are fixed or reasonable fares and anything less is a discount from that rateàà.
If a government chooses to create or modify laws to attract business that is one thing and is entirely acceptable, so long as the laws are applied to everyone in the state equally and fairly.
When government gets involved in capitalism to the point that it treats one business differently than another, its no longer capitalism. The role of government, as envisioned by the founders was essentially to play referee in economy to protect the best interests of the nation as a whole. But that still meant that all businesses were to be treated equally and fairly. Although corruption has existed since our earliest years, it was never intended that any one business get special treatment over another.
Now, what we used to call corruption, is somehow perfectly acceptable and even debatable by most. A true sign of how far we have fallen in terms of our morals and honor, no doubt.
The idea that taxes are reduced for some does not mean that in the balance of the economy, taxes aren't excessive. SC is no different in that regard. Many of our local businesses are taxed too much, so perhaps we should look at the Boeing eventual tax rate as properàà.
If businesses are over taxed, it is the moral, ethical and legal responsibility of the government to reduce the taxes to everyone equally, not just select businesses, much less a single multi-billion dollar international company. How is it remotely fair for Boeing to only have to pay a tiny fraction of the property taxes that all of the mom and pop and small and medium businesses in SC have to pay, as one small example?
One of our most basic principles as a country is equal protection under the law. Everyone should be treated equally and fairly. Unfortunately, there is just as much discrimination today as there ever was. It just takes different forms and affects different entities than it used too.
Let's not forget that Boeing didnÆt just get tax breaks, they got direct payouts in the hundreds of millions as well.
What you see depends entirely on where you sit..... and the complainant is usually the one whose ox is gored.
Frank
That may be true, but since the move to SC has zero affect on me personally, IÆm not sure that applies to everyone.
