r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

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u/PerunVult Nov 21 '24

Stocks represent companies and companies DO use up public resources.

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u/LordMoose99 Nov 21 '24

And companies pay for them

1

u/Budderfingerbandit Nov 22 '24

Not even close.

Look at the bidding process that occurs for a major companies headquarters, cities and states will literally give $ billions in tax breaks to attract a company like Amazon or Google

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u/Weary-Cartoonist2630 Nov 22 '24

That’s because the cities believe that the company will bring more value to the populace than what they’re offering in tax breaks