Futurology

1977 readers

155 users here now

founded 2 years ago

MODERATORS

246

Microsoft wants all its spending on reopening Three Mile Island to come from taxpayer funded loans, and wants tax credits to reimburse it for the fact the electricity it generates will be so expensive (cleantechnica.com)

submitted 4 months ago by [email protected] to c/[email protected]

27 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 46 points 4 months ago (2 children)

Companies should EVER get tax payer money unless the taxpayers actually ask for something to be done by them.

If a company asks, it should be immediate denial since these companies don't pay shit for taxes to begin with.

[–] [email protected] 12 points 4 months ago (1 children)

Proposals like this are exactly why corporations don't pay much tax. They have tons of deals and situations like this that offset their profits/tax burden

[–] [email protected] 8 points 4 months ago

Which is precisely why it should be an instant, guaranteed, "no".

[–] [email protected] 1 points 4 months ago* (last edited 4 months ago)

But muh jobs! /s

Depressingly, a factory is tangible, and the economic benefits of not subsidising things randomly based on political expediency are subtle. Add in the occasional edge cases where subsidies actually make sense (idle military manufacturing capacity during peacetime, for example) and this is a law that tends not to be put in place or stay in place.