> The net new revenue can be used by the city and state to pay for whatever services they deem fit (e.g. infrastructure, health, etc.).
Like giving more money already-highly-profitable companies?
> Taking all this into account, this seems like a super safe path to greater tax revenues, which will improve the city and state as a whole.
Well, like I said, I'll believe it when I see it. Your argument makes logical sense, it's just that your argument has been used to justify all kinds of spending in the past, and lo and behold, homelessness is increasing, schools are still underfunded, rents are more and more unaffordable, etc. If giving money to already-profitable companies works so well, then why are none of the problems I care about solved already, since we've been giving money to already-profitable companies for decades?
Like giving more money already-highly-profitable companies?
> Taking all this into account, this seems like a super safe path to greater tax revenues, which will improve the city and state as a whole.
Well, like I said, I'll believe it when I see it. Your argument makes logical sense, it's just that your argument has been used to justify all kinds of spending in the past, and lo and behold, homelessness is increasing, schools are still underfunded, rents are more and more unaffordable, etc. If giving money to already-profitable companies works so well, then why are none of the problems I care about solved already, since we've been giving money to already-profitable companies for decades?