Quote:
Originally Posted by valo403
I almost fell over laughing when I saw that you included this in a post that derides government subsidies that benefit private owners. As someone who has worked in low income housing tax credits I can assure that there are plenty of private owners making millions hand over fist in the land development tax credit game.
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So incentivizing the private sector to build unprofitable housing for a basic, social need is the same as building an arena used for cultural purposes and disposal income?
I get it that on its face it is hypocritical. But one is a basic need that goes unfilfilled and isn't viable as a project without government incentive.
The other is simply corporate welfare pitting one tax jurisdiction against another.