Remember everyone, they're not corporations they're job-creators. You can't be against them or you're a job killer. F corporate welfare. I believe their primary impact is to enrich shareholders. And I don't fault the companies for taking the tax breaks offered to them to relocate, or invest, whatever. That's just good business.

The problem is that tax credits/rebates are never counted like spending when all the "Pay as you go" crowd is in the room.

Now the facebook one is interesting-- I'm definitely not an accountant, and Hank asks:
Originally Posted By: Hankster
Like half a billion dollars tax return Facebook?


I raise this point because I believe the corporate tax rate that facebook would pay on this $$ is *lower* than the individuals paying ordinary income (for typical FB employees). So since these were stock option grants -- in the 100's of millions of $$ -- I believe having this stuff taxed on the individuals (and not on the corporate return) is actually a net positive for revenues. Unless you're arguing for doubly taxing it?

B
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The charm of fishing is that it is the pursuit of what is elusive but attainable, a perpetual series of occasions for hope. -John Buchan