UAW Wants Higher Wages Now That Big 3 Turn a Profit

Off Topic Politics & World Issues
81

[quote]pittbulll wrote:

[quote]SkyzykS wrote:

[quote]pittbulll wrote:

[quote]SkyzykS wrote:
I dislike corporate handouts for the same reason, but at the same time, I’m benefiting from it. If Boeing is building a new state of the art facility on the government dime, buy Boeing. Think AIG and the bailout banks are corporate pigs feeding at the government trough- Buy them. Fannie May and Freddie Mac? Buy 'em.

They get fat on the public dollar and so do you. Not as fat, but it adds up over time.

[/quote]

And Ma and Pa Airplane builder can not compete with Boeing
[/quote]

Nor should they!
[/quote]

We dis agree
[/quote]

SkyzykS is a chick and you agree with him? This calls for:

82

[quote]SexMachine wrote:

[quote]pittbulll wrote:

[quote]SkyzykS wrote:

[quote]pittbulll wrote:

[quote]SkyzykS wrote:
I dislike corporate handouts for the same reason, but at the same time, I’m benefiting from it. If Boeing is building a new state of the art facility on the government dime, buy Boeing. Think AIG and the bailout banks are corporate pigs feeding at the government trough- Buy them. Fannie May and Freddie Mac? Buy 'em.

They get fat on the public dollar and so do you. Not as fat, but it adds up over time.

[/quote]

And Ma and Pa Airplane builder can not compete with Boeing
[/quote]

Nor should they!
[/quote]

We dis agree
[/quote]

SkyzykS is a chick and you agree with him? This calls for:

[/quote]

when I was a kid , I loved that song

83

[quote]H factor wrote:

They have bargaining power to demand stuff that other people can’t get. [/quote]

Yes, they do. But i’d prefer Boeing ask for concessions and give Seattle an opportunity to make an informed decision on whether to compete rather than have them just pull up roots and leave for greener pastures.

Do you think Flint, Michigan wants an opportunity to be bullied by crony capitalists into making a few tax concessions?

84

[quote]SexMachine wrote:

[quote]pittbulll wrote:

[quote]SkyzykS wrote:

[quote]pittbulll wrote:

[quote]SkyzykS wrote:
I dislike corporate handouts for the same reason, but at the same time, I’m benefiting from it. If Boeing is building a new state of the art facility on the government dime, buy Boeing. Think AIG and the bailout banks are corporate pigs feeding at the government trough- Buy them. Fannie May and Freddie Mac? Buy 'em.

They get fat on the public dollar and so do you. Not as fat, but it adds up over time.

[/quote]

And Ma and Pa Airplane builder can not compete with Boeing
[/quote]

Nor should they!
[/quote]

We dis agree
[/quote]

SkyzykS is a chick and you agree with him? This calls for:

[/quote]

I don’t get it?

85

[quote]H factor wrote:

[quote]jjackkrash wrote:
What do you guys mean by “corporate socialism”?

With Boeing, my understanding is that it is asking cities for “tax breaks”, i.e., asking cities to take less of its hard earned money, but not for actual handouts.

http://www.komonews.com/news/local/Boeing-tax-breaks-extended-machinist-union-aerospace-industry-231355401.html

In my view, this isn’t “corporate socialism,” its good business for the company and for the region.

In contrast, taking government handouts paid for by other taxpayers is a problem, and is “corporate socialism,” like when a city actually pays for a new arena for a sports team, or like in the case of an actual government bailout.

Cliff notes: taxing less = good; giving actual handouts = bad. [/quote]

They have bargaining power to demand stuff that other people can’t get. Plus you are ignoring the buying of equipment and land which are direct taxpayer handouts. Their size allows them to play governments against one another to get these deals. If it was just taxing less I would have less of an issue but it isn’t. Plus why would anyone support the rules being different for gigantic profit making companies? Hey these guys are making a shit ton of money, they deserve to have the rules skewed in their favor!

It’s crony capitalism at its finest. [/quote]

I am going to tie together two of your posts so please forgive me.

I agree it can become crony capitalism, but the difference is this. Welfare only benefits one person, while a tax break to a company can help thousands of people. As long as a city, county, or state does not lose money on the tax break then it benefits everyone. Solyndra helped out who? The Bank bailouts I hated, but all of that money with interest was paid back to the federal government. IMO tax breaks > loans > loan guarantees > handouts. Tax Breaks will be repaid in higher tax receipts from W-2 employes. Loans are paid back with interest. Loan Guarantees can be paid back with interest, but really they are handouts with a small chance of getting paid back. Handouts have zero chance of a return.

I am with you the government should do the same thing for everyone and not pick winners and losers, but Solyndra was a startup, but Boeing is an accomplished company with a long track record.

86

[quote]dmaddox wrote:
tax break to a company can help thousands of people. [/quote]

A tax break to thousands of people can also help thousands of people…

87

[quote]dmaddox wrote:

[quote]H factor wrote:

[quote]jjackkrash wrote:
What do you guys mean by “corporate socialism”?

With Boeing, my understanding is that it is asking cities for “tax breaks”, i.e., asking cities to take less of its hard earned money, but not for actual handouts.

http://www.komonews.com/news/local/Boeing-tax-breaks-extended-machinist-union-aerospace-industry-231355401.html

In my view, this isn’t “corporate socialism,” its good business for the company and for the region.

In contrast, taking government handouts paid for by other taxpayers is a problem, and is “corporate socialism,” like when a city actually pays for a new arena for a sports team, or like in the case of an actual government bailout.

Cliff notes: taxing less = good; giving actual handouts = bad. [/quote]

They have bargaining power to demand stuff that other people can’t get. Plus you are ignoring the buying of equipment and land which are direct taxpayer handouts. Their size allows them to play governments against one another to get these deals. If it was just taxing less I would have less of an issue but it isn’t. Plus why would anyone support the rules being different for gigantic profit making companies? Hey these guys are making a shit ton of money, they deserve to have the rules skewed in their favor!

It’s crony capitalism at its finest. [/quote]

I am going to tie together two of your posts so please forgive me.

I agree it can become crony capitalism, but the difference is this. Welfare only benefits one person, while a tax break to a company can help thousands of people. As long as a city, county, or state does not lose money on the tax break then it benefits everyone. Solyndra helped out who? The Bank bailouts I hated, but all of that money with interest was paid back to the federal government. IMO tax breaks > loans > loan guarantees > handouts. Tax Breaks will be repaid in higher tax receipts from W-2 employes. Loans are paid back with interest. Loan Guarantees can be paid back with interest, but really they are handouts with a small chance of getting paid back. Handouts have zero chance of a return.

I am with you the government should do the same thing for everyone and not pick winners and losers, but Solyndra was a startup, but Boeing is an accomplished company with a long track record.
[/quote]

150 million annually for 23 years if Boeing meets its promise of 8000 jobs. That’s what this costs Missouri taxpayers if they accept. The deal is not just tax breaks, but purchasing of land and equipment for a company that made a billion a quarter! I just don’t see how anyone could defend this horse crap.

But don’t worry, low income housing is going to get cut to afford this apparently. So Missouri taxpayers and Missouri’s impoverished can help out a multi billion dollar company with an almost 2 billion dollar package. What Boeing is doing is pure bribery.

Honestly D you’re a devout Christian…how is this not the work of the devil?

88

[quote]dmaddox wrote:

[quote]H factor wrote:

[quote]jjackkrash wrote:
What do you guys mean by “corporate socialism”?

With Boeing, my understanding is that it is asking cities for “tax breaks”, i.e., asking cities to take less of its hard earned money, but not for actual handouts.

http://www.komonews.com/news/local/Boeing-tax-breaks-extended-machinist-union-aerospace-industry-231355401.html

In my view, this isn’t “corporate socialism,” its good business for the company and for the region.

In contrast, taking government handouts paid for by other taxpayers is a problem, and is “corporate socialism,” like when a city actually pays for a new arena for a sports team, or like in the case of an actual government bailout.

Cliff notes: taxing less = good; giving actual handouts = bad. [/quote]

They have bargaining power to demand stuff that other people can’t get. Plus you are ignoring the buying of equipment and land which are direct taxpayer handouts. Their size allows them to play governments against one another to get these deals. If it was just taxing less I would have less of an issue but it isn’t. Plus why would anyone support the rules being different for gigantic profit making companies? Hey these guys are making a shit ton of money, they deserve to have the rules skewed in their favor!

It’s crony capitalism at its finest. [/quote]

I am going to tie together two of your posts so please forgive me.

I agree it can become crony capitalism, but the difference is this. Welfare only benefits one person, while a tax break to a company can help thousands of people. As long as a city, county, or state does not lose money on the tax break then it benefits everyone. Solyndra helped out who? The Bank bailouts I hated, but all of that money with interest was paid back to the federal government. IMO tax breaks > loans > loan guarantees > handouts. Tax Breaks will be repaid in higher tax receipts from W-2 employes. Loans are paid back with interest. Loan Guarantees can be paid back with interest, but really they are handouts with a small chance of getting paid back. Handouts have zero chance of a return.

I am with you the government should do the same thing for everyone and not pick winners and losers, but Solyndra was a startup, but Boeing is an accomplished company with a long track record.
[/quote]

Wal-Mart does this exact same thing (but is an example of a city losing moeny). I have watched two different Wal-Marts (soon to be three) go into different parts of my fire district.

The interesting thing is they negotiate getting the land via emanate(?) domain. So they get the land to build on for cheap and get the property taxes forgiven for 20 years.

So the city still gets to collect all of their sales tax but any other part of the infrastructure that relies on property tax to survive (ie: fire department, streets, water) gets screwed. But nobody sees this part of it, they see the press releases the city managers and mayors put out going on and on about how wonderful this will be.

But that’s ok right? The rest of us can all pick up that slack.

89

[quote]H factor wrote:

150 million annually for 23 years if Boeing meets its promise of 8000 jobs. [/quote]

This is the accountability. If those 8000 jobs are not kept the entire 23 years they loose the tax break and the state gets to claw back all the tax breaks from the past.

90

[quote]NickViar wrote:

[quote]dmaddox wrote:
tax break to a company can help thousands of people. [/quote]

A tax break to thousands of people can also help thousands of people…[/quote]

I agree. You took out of context though. I was talking about tax breaks verses welfare handouts.

I will say again for clarification. tax breaks > loans > loan guarantees > welfare handouts.

These all apply to individuals and companies.

91

[quote]lanchefan1 wrote:

[quote]dmaddox wrote:

[quote]H factor wrote:

[quote]jjackkrash wrote:
What do you guys mean by “corporate socialism”?

With Boeing, my understanding is that it is asking cities for “tax breaks”, i.e., asking cities to take less of its hard earned money, but not for actual handouts.

http://www.komonews.com/news/local/Boeing-tax-breaks-extended-machinist-union-aerospace-industry-231355401.html

In my view, this isn’t “corporate socialism,” its good business for the company and for the region.

In contrast, taking government handouts paid for by other taxpayers is a problem, and is “corporate socialism,” like when a city actually pays for a new arena for a sports team, or like in the case of an actual government bailout.

Cliff notes: taxing less = good; giving actual handouts = bad. [/quote]

They have bargaining power to demand stuff that other people can’t get. Plus you are ignoring the buying of equipment and land which are direct taxpayer handouts. Their size allows them to play governments against one another to get these deals. If it was just taxing less I would have less of an issue but it isn’t. Plus why would anyone support the rules being different for gigantic profit making companies? Hey these guys are making a shit ton of money, they deserve to have the rules skewed in their favor!

It’s crony capitalism at its finest. [/quote]

I am going to tie together two of your posts so please forgive me.

I agree it can become crony capitalism, but the difference is this. Welfare only benefits one person, while a tax break to a company can help thousands of people. As long as a city, county, or state does not lose money on the tax break then it benefits everyone. Solyndra helped out who? The Bank bailouts I hated, but all of that money with interest was paid back to the federal government. IMO tax breaks > loans > loan guarantees > handouts. Tax Breaks will be repaid in higher tax receipts from W-2 employes. Loans are paid back with interest. Loan Guarantees can be paid back with interest, but really they are handouts with a small chance of getting paid back. Handouts have zero chance of a return.

I am with you the government should do the same thing for everyone and not pick winners and losers, but Solyndra was a startup, but Boeing is an accomplished company with a long track record.
[/quote]

Wal-Mart does this exact same thing (but is an example of a city losing moeny). I have watched two different Wal-Marts (soon to be three) go into different parts of my fire district.

The interesting thing is they negotiate getting the land via emanate(?) domain. So they get the land to build on for cheap and get the property taxes forgiven for 20 years.

So the city still gets to collect all of their sales tax but any other part of the infrastructure that relies on property tax to survive (ie: fire department, streets, water) gets screwed. But nobody sees this part of it, they see the press releases the city managers and mayors put out going on and on about how wonderful this will be.

But that’s ok right? The rest of us can all pick up that slack.[/quote]

If it is a losing proposition then the city leaders suck and should be voted out of office. I will not deny companies take advantage of stupid city politicians. Maybe if we voted in people that actually knew how to manage money we would not be in this predicament.

92

[quote]dmaddox wrote:

[quote]lanchefan1 wrote:

[quote]dmaddox wrote:

[quote]H factor wrote:

[quote]jjackkrash wrote:
What do you guys mean by “corporate socialism”?

With Boeing, my understanding is that it is asking cities for “tax breaks”, i.e., asking cities to take less of its hard earned money, but not for actual handouts.

http://www.komonews.com/news/local/Boeing-tax-breaks-extended-machinist-union-aerospace-industry-231355401.html

In my view, this isn’t “corporate socialism,” its good business for the company and for the region.

In contrast, taking government handouts paid for by other taxpayers is a problem, and is “corporate socialism,” like when a city actually pays for a new arena for a sports team, or like in the case of an actual government bailout.

Cliff notes: taxing less = good; giving actual handouts = bad. [/quote]

They have bargaining power to demand stuff that other people can’t get. Plus you are ignoring the buying of equipment and land which are direct taxpayer handouts. Their size allows them to play governments against one another to get these deals. If it was just taxing less I would have less of an issue but it isn’t. Plus why would anyone support the rules being different for gigantic profit making companies? Hey these guys are making a shit ton of money, they deserve to have the rules skewed in their favor!

It’s crony capitalism at its finest. [/quote]

I am going to tie together two of your posts so please forgive me.

I agree it can become crony capitalism, but the difference is this. Welfare only benefits one person, while a tax break to a company can help thousands of people. As long as a city, county, or state does not lose money on the tax break then it benefits everyone. Solyndra helped out who? The Bank bailouts I hated, but all of that money with interest was paid back to the federal government. IMO tax breaks > loans > loan guarantees > handouts. Tax Breaks will be repaid in higher tax receipts from W-2 employes. Loans are paid back with interest. Loan Guarantees can be paid back with interest, but really they are handouts with a small chance of getting paid back. Handouts have zero chance of a return.

I am with you the government should do the same thing for everyone and not pick winners and losers, but Solyndra was a startup, but Boeing is an accomplished company with a long track record.
[/quote]

Wal-Mart does this exact same thing (but is an example of a city losing moeny). I have watched two different Wal-Marts (soon to be three) go into different parts of my fire district.

The interesting thing is they negotiate getting the land via emanate(?) domain. So they get the land to build on for cheap and get the property taxes forgiven for 20 years.

So the city still gets to collect all of their sales tax but any other part of the infrastructure that relies on property tax to survive (ie: fire department, streets, water) gets screwed. But nobody sees this part of it, they see the press releases the city managers and mayors put out going on and on about how wonderful this will be.

But that’s ok right? The rest of us can all pick up that slack.[/quote]

If it is a losing proposition then the city leaders suck and should be voted out of office. I will not deny companies take advantage of stupid city politicians. Maybe if we voted in people that actually knew how to manage money we would not be in this predicament.
[/quote]

Yup. I say the same thing about companies who make stupid deals with Unions. Its not the Unions fault a company agrees to a stupid deal. Making a stupid deal is stupid, plain and simple.

Edit: Now, if a deal is based on bribes, kick-backs, or other corruption, those people need to be tossed in jail forever.

93

[quote]jjackkrash wrote:

[quote]dmaddox wrote:

[quote]lanchefan1 wrote:

[quote]dmaddox wrote:

[quote]H factor wrote:

[quote]jjackkrash wrote:
What do you guys mean by “corporate socialism”?

With Boeing, my understanding is that it is asking cities for “tax breaks”, i.e., asking cities to take less of its hard earned money, but not for actual handouts.

http://www.komonews.com/news/local/Boeing-tax-breaks-extended-machinist-union-aerospace-industry-231355401.html

In my view, this isn’t “corporate socialism,” its good business for the company and for the region.

In contrast, taking government handouts paid for by other taxpayers is a problem, and is “corporate socialism,” like when a city actually pays for a new arena for a sports team, or like in the case of an actual government bailout.

Cliff notes: taxing less = good; giving actual handouts = bad. [/quote]

They have bargaining power to demand stuff that other people can’t get. Plus you are ignoring the buying of equipment and land which are direct taxpayer handouts. Their size allows them to play governments against one another to get these deals. If it was just taxing less I would have less of an issue but it isn’t. Plus why would anyone support the rules being different for gigantic profit making companies? Hey these guys are making a shit ton of money, they deserve to have the rules skewed in their favor!

It’s crony capitalism at its finest. [/quote]

I am going to tie together two of your posts so please forgive me.

I agree it can become crony capitalism, but the difference is this. Welfare only benefits one person, while a tax break to a company can help thousands of people. As long as a city, county, or state does not lose money on the tax break then it benefits everyone. Solyndra helped out who? The Bank bailouts I hated, but all of that money with interest was paid back to the federal government. IMO tax breaks > loans > loan guarantees > handouts. Tax Breaks will be repaid in higher tax receipts from W-2 employes. Loans are paid back with interest. Loan Guarantees can be paid back with interest, but really they are handouts with a small chance of getting paid back. Handouts have zero chance of a return.

I am with you the government should do the same thing for everyone and not pick winners and losers, but Solyndra was a startup, but Boeing is an accomplished company with a long track record.
[/quote]

Wal-Mart does this exact same thing (but is an example of a city losing moeny). I have watched two different Wal-Marts (soon to be three) go into different parts of my fire district.

The interesting thing is they negotiate getting the land via emanate(?) domain. So they get the land to build on for cheap and get the property taxes forgiven for 20 years.

So the city still gets to collect all of their sales tax but any other part of the infrastructure that relies on property tax to survive (ie: fire department, streets, water) gets screwed. But nobody sees this part of it, they see the press releases the city managers and mayors put out going on and on about how wonderful this will be.

But that’s ok right? The rest of us can all pick up that slack.[/quote]

If it is a losing proposition then the city leaders suck and should be voted out of office. I will not deny companies take advantage of stupid city politicians. Maybe if we voted in people that actually knew how to manage money we would not be in this predicament.
[/quote]

Yup. I say the same thing about companies who make stupid deals with Unions. Its not the Unions fault a company agrees to a stupid deal. Making a stupid deal is stupid, plain and simple.

Edit: Now, if a deal is based on bribes, kick-backs, or other corruption, those people need to be tossed in jail forever.
[/quote]

Agree 99%

94

[quote]dmaddox wrote:
I agree. You took out of context though. I was talking about tax breaks verses welfare handouts.

I will say again for clarification. tax breaks > loans > loan guarantees > welfare handouts.

These all apply to individuals and companies.
[/quote]

I may have misread what you wrote. Your point can be summed up as: not stealing > stealing. It’s hard to believe some don’t believe that is true, isn’t it?

“Tax breaks” are totally different than welfare handouts. “Tax Breaks” can(well…will) certainly devolve into government determining winners and losers, but “tax breaks” should never be blamed. Taxes are the evil that enables government to determine winners and losers.

Loans are also totally different than welfare handouts. The problem with government loans is that the lord of the manor doesn’t loan his own money, he loans his serfs’, who have decided they don’t have a right to that which they earn.

95

[quote]dmaddox wrote:

[quote]H factor wrote:

150 million annually for 23 years if Boeing meets its promise of 8000 jobs. [/quote]

This is the accountability. If those 8000 jobs are not kept the entire 23 years they loose the tax break and the state gets to claw back all the tax breaks from the past.
[/quote]

Small price for Boeing to pay, massive price for Missouri taxpayers. No doubt Boeing is laughing all the way to the bank on this. 8000 jobs for close to 2 billion in incentives when you’re already a multi billion dollar corporation? Its good to be king. Like. I said don’t worry they will cut low income housing and increase working stiffs taxes and all will be well.

If your trying to figure out who comes out best look towards the team making all these demands. You want us to come here you better be willing to give us everything we want. Corruption at its finest. Nothing to see here, the power of the “free” market at work.

96

[quote]NickViar wrote:

[quote]dmaddox wrote:
I agree. You took out of context though. I was talking about tax breaks verses welfare handouts.

I will say again for clarification. tax breaks > loans > loan guarantees > welfare handouts.

These all apply to individuals and companies.
[/quote]

I may have misread what you wrote. Your point can be summed up as: not stealing > stealing. It’s hard to believe some don’t believe that is true, isn’t it?

“Tax breaks” are totally different than welfare handouts. “Tax Breaks” can(well…will) certainly devolve into government determining winners and losers, but “tax breaks” should never be blamed. Taxes are the evil that enables government to determine winners and losers.

Loans are also totally different than welfare handouts. The problem with government loans is that the lord of the manor doesn’t loan his own money, he loans his serfs’, who have decided they don’t have a right to that which they earn.[/quote]

Agreed here. The Government has no money. They only have our money.

97

[quote]H factor wrote:

[quote]dmaddox wrote:

[quote]H factor wrote:

150 million annually for 23 years if Boeing meets its promise of 8000 jobs. [/quote]

This is the accountability. If those 8000 jobs are not kept the entire 23 years they loose the tax break and the state gets to claw back all the tax breaks from the past.
[/quote]

Small price for Boeing to pay, massive price for Missouri taxpayers. No doubt Boeing is laughing all the way to the bank on this. 8000 jobs for close to 2 billion in incentives when you’re already a multi billion dollar corporation? Its good to be king. Like. I said don’t worry they will cut low income housing and increase working stiffs taxes and all will be well. [/quote]

I see your point, and agree to a certain point. Instead of hating the rich join them. Purchase the investments they purchase, and reap the benefits that they get. You want to be poor do what the poor do.

To be very honest I wish the playing field was level for all companies and individuals. It is just not so. Some states have more regulations and taxes. Some states are “Right to Work” States and some aren’t. The landscape is all over the place. So companies and Individuals have to find a place that benefits them the most, and that is why companies and individuals keep moving to different states.

98

[quote]H factor wrote:

[quote]dmaddox wrote:

[quote]H factor wrote:

150 million annually for 23 years if Boeing meets its promise of 8000 jobs. [/quote]

This is the accountability. If those 8000 jobs are not kept the entire 23 years they loose the tax break and the state gets to claw back all the tax breaks from the past.
[/quote]

Small price for Boeing to pay, massive price for Missouri taxpayers. No doubt Boeing is laughing all the way to the bank on this. 8000 jobs for close to 2 billion in incentives when you’re already a multi billion dollar corporation? Its good to be king. Like. I said don’t worry they will cut low income housing and increase working stiffs taxes and all will be well.

If your trying to figure out who comes out best look towards the team making all these demands. You want us to come here you better be willing to give us everything we want. Corruption at its finest. Nothing to see here, the power of the “free” market at work. [/quote]

The math on that actually looks pretty good. Lets say that the average wage of those 8000 people is 30K. Thats a gross of 240 million dollars into the states economy, minus 150 million gives a net of +90 million dollars per year. And all of those 240 million dollars made every year are going to get taxed out the wazoo, just like everybody else.

99

[quote]SkyzykS wrote:

[quote]H factor wrote:

[quote]dmaddox wrote:

[quote]H factor wrote:

150 million annually for 23 years if Boeing meets its promise of 8000 jobs. [/quote]

This is the accountability. If those 8000 jobs are not kept the entire 23 years they loose the tax break and the state gets to claw back all the tax breaks from the past.
[/quote]

Small price for Boeing to pay, massive price for Missouri taxpayers. No doubt Boeing is laughing all the way to the bank on this. 8000 jobs for close to 2 billion in incentives when you’re already a multi billion dollar corporation? Its good to be king. Like. I said don’t worry they will cut low income housing and increase working stiffs taxes and all will be well.

If your trying to figure out who comes out best look towards the team making all these demands. You want us to come here you better be willing to give us everything we want. Corruption at its finest. Nothing to see here, the power of the “free” market at work. [/quote]

The math on that actually looks pretty good. Lets say that the average wage of those 8000 people is 30K. Thats a gross of 240 million dollars into the states economy, minus 150 million gives a net of +90 million dollars per year. And all of those 240 million dollars made every year are going to get taxed out the wazoo, just like everybody else.
[/quote]

I think $30k is a bit low. It probably going to be in the $45k-55k.

100

[quote]dmaddox wrote:

[quote]SkyzykS wrote:

[quote]H factor wrote:

[quote]dmaddox wrote:

[quote]H factor wrote:

150 million annually for 23 years if Boeing meets its promise of 8000 jobs. [/quote]

This is the accountability. If those 8000 jobs are not kept the entire 23 years they loose the tax break and the state gets to claw back all the tax breaks from the past.
[/quote]

Small price for Boeing to pay, massive price for Missouri taxpayers. No doubt Boeing is laughing all the way to the bank on this. 8000 jobs for close to 2 billion in incentives when you’re already a multi billion dollar corporation? Its good to be king. Like. I said don’t worry they will cut low income housing and increase working stiffs taxes and all will be well.

If your trying to figure out who comes out best look towards the team making all these demands. You want us to come here you better be willing to give us everything we want. Corruption at its finest. Nothing to see here, the power of the “free” market at work. [/quote]

The math on that actually looks pretty good. Lets say that the average wage of those 8000 people is 30K. Thats a gross of 240 million dollars into the states economy, minus 150 million gives a net of +90 million dollars per year. And all of those 240 million dollars made every year are going to get taxed out the wazoo, just like everybody else.
[/quote]

I think $30k is a bit low. It probably going to be in the $45k-55k.
[/quote]

Probably still low with benefit packages. Not to mention indirect jobs created.