Link: Marco’s makeover

I’m shocked, shocked that only stock buy-backs are occurring! (Oh, thank you for my dividend):

‘“There is still a lot of thinking on the right that if big corporations are happy, they’re going to take the money they’re saving and reinvest it in American workers,” he says. “In fact they bought back shares, a few gave out bonuses; there’s no evidence whatsoever that the money’s been massively poured back into the American worker.”’
Original source: Marco’s makeover

Link: An argument against Amazon HQ2 tax breaks, sort of

‘“The bidding process with Amazon shows why we need the federal government to help support cities and communities across America for 21st century jobs,” he said. “Right now, cities have been left to fend for themselves and are desperate to attract any tech jobs. If the federal government were to support fiber and broadband in cities, an expansion of universities, strong credentialing and apprenticeship programs, and state of the art infrastructure, then they would not be as reliant on the whims of any given company.”’
Original source: An argument against Amazon HQ2 tax breaks, sort of

Link: The Problem With Courting Amazon

‘The question of whether, or how much, incentives actually spark a community’s economic growth is still unsettled. That’s partly because coming to any bottom-line answer is extremely difficult given all the possible variables in any scenario. “The overall conclusion is that effectiveness is there,” says Peter Fisher, a professor emeritus at the University of Iowa and the research director of the nonprofit Iowa Policy Project. “But it’s pretty small, and small enough that incentives end up being a very costly strategy.” In his opinion, far too many state and city boosters indiscriminately spray financial giveaway packages, which ends up costing them more than it should.’
Original source: The Problem With Courting Amazon

Link: Squeezing more out of slippery big tech may even take tax reforms

“One-off moves don’t change the fact that tech giants are likely to continue to make vast amounts of money overseas, on which they often pay little tax.”
Original source: Squeezing more out of slippery big tech may even take tax reforms