From the Daily Idiot Editorial Board:
Tuesday's announcement that Google has decided to build a data center in Council Bluffs means a financial boom is imminent in an area of Iowa that needs it badly. The project will create 200 jobs, with nearly all hirings to be local, with an average salary of $50,000 each. Aside from the jobs the project will bring to the area, Google also plans on using local vendors and suppliers, and it will pay the state an estimated $65 million in property taxes over the next 15 years.
State legislation passed last session exempts electricity and capital-investment requirements from sales tax for technology-related businesses. Certainly, this helped lure Google, and it could do the same for other companies in the future. When taking into consideration the massive financial impact Google's decision will have on the area's economy, in both Iowa and Nebraska, small considerations such as these exemptions are surely worth it. Financially, these concessions will be recouped fairly quickly, but the real effect could be seen if the legislative "bait" is taken by the corporate "fish" and Iowa can begin to reel in the technology-based companies and corporations that want to set down roots in the state, helping to combat Iowa's brain drain issue.
Some out there are actually upset, convinced that Google bringing jobs and money to Iowa is a bad thing. Their argument is that given how profitable a company such as Google is, it shouldn't be getting any tax cuts as incentives. The naysayers explain that when this tax legislation passed, it was an example of state politicians forcing those who put them into office to foot the bill, dishing the portion of property tax gone unpaid by Google onto unsuspecting Iowans. Inviting a multibillion dollar company to the state and reaping a relatively small portion of the profits to be had is a legitimate concern, but as Iowans, we should enjoy the piece of pie already being served onto our plates, not complain that we can't have the other seven pieces sitting on the counter.
What a completely
stupid and
asinine editorial.
Let's turn the tables a bit.
Say somebody figured out a way to discover oil in Iowa (there's not really any oil in Iowa,
only 500 gallons have been pumped out over the past century). Big Oil would be interested in exploration, wouldn't they? Why, that would mean J-O-B-S, wouldn't it? Now you can bet that Big Oil would be lobbying the Iowa Legislature for every tax break under the sun, but with record profits being reported in the news and
vilified by certain Democrats, they might have to put up a fight in order to get any breaks. Why?
Because they're in a very profitable business. That's not to say that only break-even or unprofitable companies should get breaks. Far from it. It's just that
any time some company wants to relocate or expand, they go and grease the local politicians in order to escape from paying what every other business already in Iowa has to pay. It's sickening. And unfair.
So for the lapdog, suck up, hypocritical, brown-nosing, twisted, financially ignorant douchebags involved with the media in Iowa to come out and say that Iowa taxpayers should just Bend Over And Take It In The Property Tax and give Google (GOOG) a break because, well,
it's better than nothing, you can see just how bankrupt these anointed assholes in the media have become.
I pose this question to the dickhead spinmeisters in newspaper rooms and TV stations:
What's Fair? Is it fair that everybody who decides to stick around the state has to pay all the taxes, but any rich companies that want to locate in Iowa or those politically-connected can get out of paying their fair share?
Where do
you get off preaching to the general public about
what's fair?
You people have blinders on.
Good luck with your dying industry. No wonder fewer and fewer people are subscribing to newspapers or watching the evening snooze. All you robo-douches know how to do is report any dead in Iraq, the latest Paris Hilton bullshit, and now Connie with the weather and Pete Taylor with Sports, or whoever it is these days. What a bunch of retards.