@Popehat But my initial point was that, from the point of view of PA, it doesn't matter whether they're subsidizing winners or losers.
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Replying to @random_eddie
@random_eddie No. Money is fungible. Every penny "spent" on those tax credits didn't go somewhere else.1 reply 0 retweets 0 likes -
Replying to @random_eddie
@random_eddie PA can "make money" to some point simply by having general tax rate. (Laffer curve). Otherwise, no.1 reply 0 retweets 0 likes -
Replying to @random_eddie
@random_eddie Again, someone else is paying those taxes, and every penny "saved" comes from other PA business. It isn't a net gain.1 reply 0 retweets 0 likes -
Replying to @Popehat
@Popehat you're ignoring fact that total business in PA is not fixed. Bring new player in, charge even $0.01 in taxes-> win@random_eddie2 replies 0 retweets 0 likes -
Replying to @MorlockP
@MorlockP@random_eddie Incorrect. Bring new player in, provide government services (paid by others) like cops, roads, courts, unemployment?1 reply 0 retweets 0 likes -
Replying to @Popehat
@Popehat@random_eddie Valid pt. However something like 50% of local gov is schools. Also, MARGINAL cost for roads, etc. is very low.2 replies 0 retweets 0 likes
@Popehat None of which is to argue in favor of these deals. They're corrupt. Just narrowly agreeing w @random_eddie on the math.
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