People supporting the proposal to
provide Density USA hotels with a tax break of $6.84 million are three times in
number than the people that are against the proposal according to tax lawyers
that attended the public hearing that was conducted in front of the Onondaga
County Industrial Development Agency.
As reported by Syracuse.com, a majority of the tax
supporters who attended the hearing were in favor of the tax break and even
said that they would most willfully exchange uncollected taxes for the economy
boom that the hotel is expected to create it in the near future in terms of jobs and a spike in
tourism. Destiny Hotels USA boats 209 guest rooms and is situated right
across the road from the Destiny USA shopping mall.
Some people believe there is no such
thing as a tax break in American since everyone is taxed so much as it is, no
one is receiving any favors by Uncle Sam these days and it has been that way
for a few years now.
The president of the Syracuse Common
Council, Van Robinson, certainly did not shy away during the hearing when he exclaimed
“Jobs! Jobs! Jobs!” and urged that the hotel receive the tax breaks since they
would employ so many people that really need jobs at this point in time because
of all the jobs Obamacare and Obama’s polices have devastated. According to
expert tax attorneys in the area, if not given the tax break, the hotel could
very well report bankruptcy and shut down and nobody would benefit from that. But
the IRS and the EPA would not care one bit.
Even if they were to pay the $7 million
in taxes and close down, it would be only a mere fraction compared to the
amount of money it would generate within the period of only a year or so of
remaining in business. When you consider it over the long run, the hotel would
have generated several times the amount it owes in terms of taxes over a period
of a few years where it will continue to pay taxes.
It is a no brainer.
Destiny
USA Promises Jobs to Syracuse Residents
Management and shareholders of Destiny
USA hotels have publicly sworn to employing at least a bare minimum half of the
74 permanent workers at the hotel from the city of Syracuse. And since the state
of New York does not authorize oil shale which would create thousands and
thousands of jobs that pay around $45 to $70,000 dollars each, these 74 jobs
are critical. So many states have benefited from oil shale development it is incredible.
However, opponents of the tax break were
not swayed by what they called empty promises. They held onto their views that
the hotel had failed in the past to deliver and that they were not convinced
that anything would change in the future if the hotel was in fact allowed the
tax break and continued to carry on with business. These socialists do not care
about the private sector and want to turn America into another pitiful and
unimpressive European like country.
Furthermore, tax lawyers say that the
opponents argue that the hotel officials should have at least lawfully applied
for tax exemptions and followed the procedures in place to get a tax waiver
instead of defaulting on their payments and now making promises about how they
would employ people and create jobs if given a tax exemption. That is probably true
but if America did not tax businesses this would not be happening at all and
these 74 jobs would probably already exist along with thousands more. The
employees of the business are already taxed (at a much higher rate than they
should be that is another topic) so why is the business taxed at all? Is that
not double taxation and against the constitution?
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