taxing tax incentives god the knock on effects are gonna be a delight good luck finding the umbrellahttps://twitter.com/AndrewYang/status/1096815159862009860 …
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Replying to @eigenrobot
idgi a lot of tax incentives are taxable. example "If you deducted your state and local income taxes last year and received a state tax refund last year then your total state tax refund that you received from the previous year may be taxable."https://blog.turbotax.intuit.com/tax-tips/is-my-state-tax-refund-taxable-and-why-90/ …
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Replying to @danlistensto @eigenrobot
more broadly, it's a proposal to discourage some of the more egregious forms of corporate welfare that municipalities seem to be bending over for
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Replying to @eigenrobot
ok I guess I just didn't understand what you meant by "good luck finding the umbrella"
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Replying to @danlistensto @eigenrobot
i don't think it was meant to be sound, just a "tax incentives = perverse, so taxes on tax incentives = double perverse" thing
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Yeah The umbrella story is about halfway through herehttps://www.thedailybeast.com/how-hospital-administrators-hide-the-umbrella …
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