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This Is Why Miner Was Wrong
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[QUOTE="Cheriehoop, post: 1026141, member: 127"] Thinking of all of this from an objective point of view - our budgetary process in NY, in fact the country is soooo screwed up. Taxes are driving people and businesses out of state , heck even out of the country, so the tax base erodes, we've become a service based economy many of these services being tax-exempt, those left pay more, while the infrastructure crumbles, incentives are given for new buildings while yesterday's buildings sit empty, and in the rare situation there's a surplus - the state decides what projects they will support for each area in the state on a take it or lose it basis. Whether one agrees or not if a new stadium is a worthwhile project - the process still stinks overall. Why not lower taxes , bank it to avoid future debt, invest it to finance a known future need, appropriate money to each county, city and allow them to determine their greatest need - anything but the current process. If the entire state's infrastructure is crumbling - why not earmark it for that? The state has their own issues with bad bridges, roads etc. Why not offer incentives to utilize and repurpose current buildings etc instead of new construction. (I am not talking about the dome) This would save road, sewer, water and other capital expenses to complete new construction that all of us have to support and maintain. We keep offering tax incentives to add to our crumbling infrastructure costs or am I crazy? I know that others on this board are much smarter in economics, urban development, government policies etc than I am but to this lowly accountant and my simplistic understanding, it seems that we're arguing about losing out on money disbursed in an outdated, inequitable , wasteful process. You can see throughout the state the empty shells of prior economic development targets many abandoned to chase new incentives. The accept what we want or lose out entirely is just dealing with a horrible reality of this flawed process. Uggh [/QUOTE]
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