02-08-2008, 04:12 PM
Quote:There are some ways that companies can lower their taxable base which are kind of shady and I'd be in favor of eliminating. But if a company gets a tax credit to build an employee base in a state, it's not because the state is stupid or loves big companies and hates the little guy. It's because they know that the taxes paid by the 10,000 jobs and additional taxes created by the supporting jobs within the value chain (restaurants, real estate, etc) as well as the increased real estate taxes from propped up value due to larger demand for houses, dramatically outstrips the tax credit for the company. I'm sure there is data for that too, which I don't have, and don't care to look for. But it's just a economic decision - both parties benefit. The state gets an increased tax base but the company saves money.are you bringing this up because of the recent reports saying how microsoft misses out on paying alot of washington taxes because they distribute their product out of nevada? because on the surface it seems weird but when you realize all the taxes employees already pay and stuff, washington state would "suffer" alot more if microsoft completely moved to nevada instead.