View Single Post
Old 12-14-2017, 11:25 AM   #4308
taxbuster
#1 Goaltender
 
Join Date: Feb 2010
Exp:
Default

Quote:
Originally Posted by JerryUnderscore View Post
How many of us, when doing our taxes this coming year, will refuse to take a deduction we're legally allowed to take? How many of us will willfully pay more money than we have to?
This is a non-analogous argument. Taking a deduction or credit on one's taxes is NOT the equivalent of investing funds (or not) in a business operation.

This is about trying to coerce the City managers, its elected officials and its taxpayers into paying for an arena on sweetheart terms so Murray Edwards and his gang of owners can pocket millions upon countless millions - either by way of earnings of the Flames, or by sale of the team.

It doesn't matter which way you cut it: if the owners want to make money, they need to invest. They don't want to invest (at least not the amount it will take). The outcome is foregone unless Edwards comes back, eats some humble pie and reopens negotiations on a somewhat more thoughtful basis. I'm betting he will not do this.
taxbuster is offline