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rotor wrote:

jmra wrote:

rotor wrote:Very glad they are coming here and I wish they were bringing their manufacturing here too. But when they get a taxbreak some little old lady that can't afford medicines or food has just seen her property tax go up. To me freedom means that I am not paying for someone else to have the benefits of my labor. Corporate welfare redistributes money from the poor to the rich. Wyoming is getting most of the Magpul jobs.

Hum, let's see. They buy property and improve it. They bring wage earners (into an area full of people cashing a government check) who buy houses and groceries and cars, etc.
Win win.

This is always the argument isn't it. I too run a business, have a payroll, bought property to house it, pay taxes at the business rate. But I do not get any tax relief. As a matter of fact most businesses that are small mom and pop shops don't get that tax break. You know they say that it is small business that creates wealth. I create wealth but get no tax breaks. I wish i could and if they were offered I would take them. Is there a benefit to bringing business to Texas- no question there is. But who pays for their tax breaks? They don't pay property tax and that means they don't pay for the schools, fire department, etc. In my local city there have been huge tax breaks given for multi-billion dollar companies. Our city council has given multi million grants to business that have folded in 6 months. I have been open for 30 years without receiving a penny but I sure pay my taxes. Is the job that I created less worthy than the Magpul job? Again, when you give something away either to the 49% that don't pay taxes or to a corporate structure someone has to pay for it. I don't like paying for the 49% non-working parasites and I don't like paying for corporate structures. But I do like Magpul and wish them success. Oh, the argument with giving money to the 49% welfare folks is that it builds up the economy as they spend it all. Sure! You know what they call people who want to spend your money for the "good" of the economy, democrats.

"But who pays for their tax breaks?"
This is what gets me every time. Please tell how a business that was not previously here getting a tax break "costs" anyone else money? More than likely they are going to build on or purchase property that taxes were not being paid on to begin with. You weren't collecting money from the business before they got here but somehow now that they are here they are "costing" us money. That's the Dems argument and it simply doesn't hold water. Money that could have been collected from them had they come here without the incentives is not a "cost" because they wouldn't have come here without it. A percentage of nothing is still nothing.
Now factor in the impact that the employees that are coming with them will have especially on small business and it is a win, period.

This is awesome news. Hopefully Colorado's politicians have learned a valuable lesson. I doubt it but one can hope.

Corporate welfare is always a debateable argument. The tax base of any community has a finite value. When you figure that all city and county services have to be derived from property tax and sales tax and you have a certain percentage that pay no taxes ( non-profits eg churches), and those companies that have gotten tax breaks, Magpul I guess, then you have to expand city and county services to pay for those businesses ( fire, police, schools, etc) and the tax base has not expanded. Yes, you may provide jobs to some now unemployed workers but when you pay your tax bill like I just did in December your bill is going to be higher because somebody else pays less or nothing. What personal benefit does a little old lady on a fixed income get if Magpul moves in and she notices that her taxes have gone up? I pay my taxes to educate my children. maintain the roads, provide police and fire services, etc. If I want to pay less I move out of the city and depend on a volunteer fire department, sheriff with a 30 minute response instead of 2 minute police response, etc.
One of our churches in town has a bowling alley as well. They of course pay no tax. How does the local bowling alley "business" compete with that? The basics are simple, if someone else gets to pay less tax and the tax base does not expand and services are not reduced than I pay more taxes. Very simple math. Is it good for the community- maybe. Is it my responsibility to pay for someone else to get a tax break- darn- I do that enough now with everyone on welfare as it is. But still I welcome Magpul to Texas. I wish they brought the jobs here as well. I lived in Wyoming for 2 years and that's no picnic. Texas is where they should have brought the whole show. Let's talk guns vs welfare.

Those that are sad they are just moving corporate here forget that they need distribution centers as well. Possibly they could have a corporate headquarters with a distribution center tied to it. This would also create more jobs although probably not all high paying jobs none the less. Also depending on how many corporate employees move and don't move there could be quite a few openings at corporate. I'm happy either way!

rotor wrote:

jmra wrote:

rotor wrote:Very glad they are coming here and I wish they were bringing their manufacturing here too. But when they get a taxbreak some little old lady that can't afford medicines or food has just seen her property tax go up. To me freedom means that I am not paying for someone else to have the benefits of my labor. Corporate welfare redistributes money from the poor to the rich. Wyoming is getting most of the Magpul jobs.

Hum, let's see. They buy property and improve it. They bring wage earners (into an area full of people cashing a government check) who buy houses and groceries and cars, etc.
Win win.

This is always the argument isn't it. I too run a business, have a payroll, bought property to house it, pay taxes at the business rate. But I do not get any tax relief. As a matter of fact most businesses that are small mom and pop shops don't get that tax break. You know they say that it is small business that creates wealth. I create wealth but get no tax breaks. I wish i could and if they were offered I would take them. Is there a benefit to bringing business to Texas- no question there is. But who pays for their tax breaks? They don't pay property tax and that means they don't pay for the schools, fire department, etc. In my local city there have been huge tax breaks given for multi-billion dollar companies. Our city council has given multi million grants to business that have folded in 6 months. I have been open for 30 years without receiving a penny but I sure pay my taxes. Is the job that I created less worthy than the Magpul job? Again, when you give something away either to the 49% that don't pay taxes or to a corporate structure someone has to pay for it. I don't like paying for the 49% non-working parasites and I don't like paying for corporate structures. But I do like Magpul and wish them success. Oh, the argument with giving money to the 49% welfare folks is that it builds up the economy as they spend it all. Sure! You know what they call people who want to spend your money for the "good" of the economy, democrats.

So wait you don't get any deductions or write offs? None? By the way no one "pays" for them. In a circumstance like this they may not pay the same level of taxes but their employees do and the businesses who make money off of purchases from both the business and employees pay taxes to the state. By giving these guys a break the state has more money coming in not less because without the break they wouldn't be here. So while it might not be "fair" it makes good financial sense and doing things your way makes it more likely granny will get stuck with higher taxes not less.

While I find the debate about tax breaks for companies stimulating and all, I'm just happy that Magpul is following through on their promise. And I admit to a bit of schadenfreude toward the State of Colorado losing that business and the jobs and tax money that goes with it. Serves 'em right. I feel bad for their employees there, though.

Now where in North Texas, the new HQ would be located?

Beiruty wrote:Now where in North Texas, the new HQ would be located?

If its just the corporate headquarters I'd bet good money within the greater DFW area.

Cedar Park Dad wrote:

Beiruty wrote:Now where in North Texas, the new HQ would be located?

If its just the corporate headquarters I'd bet good money within the greater DFW area.

I would guess the alliance area in far north Ft Worth.

I have been in Houston for the new year day. I saw a lot of cranes in Houston downtown.
Who is more booming, DFW or Houston?

Beiruty wrote:I have been in Houston for the new year day. I saw a lot of cranes in Houston downtown.
Who is more booming, DFW or Houston?

What does that have to do with the topic at hand?

jmra wrote:

Beiruty wrote:I have been in Houston for the new year day. I saw a lot of cranes in Houston downtown.
Who is more booming, DFW or Houston?

What does that have to do with the topic at hand?

Have a good day.

jmra wrote:

Beiruty wrote:I have been in Houston for the new year day. I saw a lot of cranes in Houston downtown.
Who is more booming, DFW or Houston?

What does that have to do with the topic at hand?

I think he is saying the Houston area has more growth therefore may be a better site for magpul. After working in the Alliance area for a long time they have a lot to offer as well like lower crime and better housing.

Cedar Park Dad wrote:

Beiruty wrote:Now where in North Texas, the new HQ would be located?

If its just the corporate headquarters I'd bet good money within the greater DFW area.

Stronger rumors are that they will locate near Leander, in spitting distance of LaRue.

suthdj wrote:

jmra wrote:

Beiruty wrote:I have been in Houston for the new year day. I saw a lot of cranes in Houston downtown.
Who is more booming, DFW or Houston?

What does that have to do with the topic at hand?

I think he is saying the Houston area has more growth therefore may be a better site for magpul. After working in the Alliance area for a long time they have a lot to offer as well like lower crime and better housing.

Yep, if you aren't in the chemical, refining, or shipping business...
Can't imagine a company like Magpul ever considering relocating to the Houston area.