Friday, April 1, 2016

Tax Break for Destiny USA Hotels Supporters More in Number than Opponents

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? 

Why You need a Tax Lawyer

Irrespective of whether you just need help filing your taxes, applying for a tax exemption, tax audits, or going about recovering lost tax returns due to fraudulent tax filing scams, you need a tax lawyer to help you deal with the IRS. The earlier you appoint a legal pro, the higher the chances of you succeeding in your endeavors or at least not having to pay the entire amount. You may have to run some of the marathon but not all of it.   

Some people have been to known to pay for themselves, tax lawyers fall under this category. Go right here Tax.USAttorneys to find some of the best. You only need one to possibly save you some money and perhaps your life.

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