"In exchange, these companies would get tax credits equal to however much they donate that they could then use to WIPE OUT their corporate income or insurance premium tax payments."
A company's controller would be insane to allow the company to donate enough to "wipe out" its income (so as to avoid paying any corporate tax.'
It's interesting how you tend to use hyperbolic verbs when it suits your narrative.
Thanks for your reporting. I agree that big-time developers make billions with state aid. The massive incentive to create affordable housing that this "aid" money is supposed to accomplish is a pittance when compared to the ultimate benefits that accrue to the developers.
You pretty much hit the nail on the head with the rent control and labor issues.
"In exchange, these companies would get tax credits equal to however much they donate that they could then use to WIPE OUT their corporate income or insurance premium tax payments."
A company's controller would be insane to allow the company to donate enough to "wipe out" its income (so as to avoid paying any corporate tax.'
It's interesting how you tend to use hyperbolic verbs when it suits your narrative.
Thanks for your reporting. I agree that big-time developers make billions with state aid. The massive incentive to create affordable housing that this "aid" money is supposed to accomplish is a pittance when compared to the ultimate benefits that accrue to the developers.
You pretty much hit the nail on the head with the rent control and labor issues.
Outrageous government attitude and behaviour.
An absolute disgusting careless man.