Agreed Kevgoblue.... also... using a lump tax figure doesn't take into account that most of those taxes are Federal and NOT State taxes...
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Agreed Kevgoblue.... also... using a lump tax figure doesn't take into account that most of those taxes are Federal and NOT State taxes...
I know it won't happen, but let us say Hyundai wanted to open a plant in Detroit and hire a few thousand....would anyone bitch about it?
Of course it'd be a firestorm of complaints -- especially about the congestion on the roads that will be caused -- the greater delays on Amtrak due to increased freight traffic -- not enough Detroit resident workers -- not paying enough taxes -- taking money to Korea -- giving the Koreans disproportionate vote on city council -- polluting the environment with smoke -- tearing down 'ethnicity'-town to build the plant -- not building energy efficient cars -- subsidized by US military defending their homeland at no cost to Korea -- and just plain not being America -- and for now being a UAW plant.
Sorry 'bout the math. I did use $100,000 as the cost per job. When I was doing corporate budgeting, we used that as our 'round-number' figure for the impact of an employee -- not just salary and benefits and pension funding [[$55-70k for auto workers I hear) with the rest being training, HR overhead, travel, parking lot space, toilet paper, bottled water, and so on.
I'll take twice as efficient -- while maintaining that tax breaks are bad policy in 100% of the cases, as this does shift the burden from industry to individual and small businesses.