::sigh:: OK, I need a rule. >> Dana wrote: >>couple billion in taxes not collected and costs borne by the >community, this is not a handout? > >No. Here's why: > >If I offer to sell you a car for 20% below market cost because I need >to get rid of the burden fast, is that a handout to you? No. You >just happen to be in the right place at the right time. > >Let's say you turn around and sell it for market cost and realize a >profit. Have you profited from a handout? No. That's just plain ole >garden variety arbitrage. > >In the case of Wal-mart, there's simply been a transaction; services >rendered for a fee. Wal-mart has agreed to take on the risk and cost >of building, stocking, and staffing a store in exchange for a break on >its taxes, etc. > >Wal-mart lowers it's risks and costs and the community gets the store >with the associated jobs. > >As far as I can tell Wal-mart has never extorted anybody; they're >simply been the result of a business transaction between a city and >private business entered voluntarily by both parties. > >Unless you have some evidence that these business transactions weren't >done voluntarily, you have absolutely no case. > >Ever see the Antiques Roadshow? Many of those people buy things for >WAY below market. THE GALL! They've made a profit! What right do >they have to take that hand-out! Let's tax the crap out them! No, >let's throw them in jail and seize their property. It's really the >only humanitarian thing to do.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Message: http://www.houseoffusion.com/lists.cfm/link=i:5:192820 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54