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All-In [47750]
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Where do you come down on the Panthers practice facility
May 9, 2019, 1:08 PM
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debate in the SC State Legislature, especially the $115M incentives?
They claim the economic impact will be in the billions if it is built in Rock Hill.
The Panthers said they would move operations there if passed or stay in CLT if not.
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Oculus Spirit [75714]
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Simply need to see how much
May 9, 2019, 1:11 PM
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revenue it would bring in and how many and what type post construction jobs it would create.
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All-In [34582]
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The tax revenue would be huge.***
May 9, 2019, 1:16 PM
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Hall of Famer [23994]
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Not sure if sarcastic
May 9, 2019, 1:28 PM
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The $115 mil is tax incentives.
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All-In [34582]
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Im not...talking of payroll tax. $115mil is nothing
May 9, 2019, 1:42 PM
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Granted, I havent been keeping up with this. Dont know all the details. So wutever. Would be a great revenue stream for the state.
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All-In [47750]
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Some debate on impact between the Commerce Dept and
May 9, 2019, 1:46 PM
[ in reply to Not sure if sarcastic ] |
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An outside consultant...
"Harpootlian said he hired Rebecca Gunnlaugsson, the S.C. Department of Commerce’s former chief economist and now an analyst with a conservative think tank, to review the Commerce Department’s analysis of the Panthers deal. The department found the project’s total economic impact — including state revenue, private economic investment and jobs created — would reach $3.8 billion within 15 years.
In her analysis, Gunnlaugsson estimates the Commerce Department’s projected economic impact is overstated by nearly $2.7 billion, relying on assumptions all 150 Panthers players, coaches, staff and owners will move to South Carolina. Gunnlaugsson said the move actually will create only 208 jobs, instead of the 5,715 promised."
https://www.thestate.com/news/politics-government/article229073114.html
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Heisman Winner [135851]
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Spartanburg will lose the training camp money
May 9, 2019, 1:28 PM
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So from a local standpoint it’s not good but I’m guessing they will pull out of here no matter what.
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All-In [34582]
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yep, they will no matter wut***
May 9, 2019, 1:43 PM
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Heisman Winner [135851]
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And now, this genius proposal
May 9, 2019, 1:37 PM
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https://twitter.com/averygwilks/status/1126515690515640322?s=21
GOP Senate Transportation Committee Chairman @larrygrooms proposes an amendment to require the @Panthers to play at least two home games in South Carolina if it accepts the tax breaks.
He says he went to the Panthers' first home game in Clemson and had a great time.
The comments in this thread are pretty chuckle worthy
Message was edited by: cu85tiger®
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All-In [47750]
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Fortunately that amendment failed***
May 9, 2019, 1:47 PM
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All-In [47750]
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WCCP reporting it passed the Senate vote.***
May 9, 2019, 1:47 PM
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Oculus Spirit [79196]
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I always ### up
May 9, 2019, 1:52 PM
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Have I been doing it wrong the hole time?
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Heisman Winner [135569]
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Well, Rock Hill IS Football City USA.
May 9, 2019, 2:10 PM
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So maybe if the Panthers move here, they'll actually start playing football.
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All-In [31888]
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If you grant that they stay in CLT if there are no....
May 9, 2019, 2:53 PM
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tax incentives, then what why would one not favor giving them the incentives. That is assuming the tax incentives are deductions and not credits.
If they stay in CLT, no additional tax revenue for SC.
If they move to SC, then SC get additional tax revenue from all employees, indirect businesses, etc...
The plan is to also include a 150 room hotel and a sports ortho clinic totaling 200 employees.
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Oculus Spirit [81053]
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AOC is just now figuring that out about bringing Amazon to
May 9, 2019, 3:15 PM
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New York
Nah..probably not.
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Oculus Spirit [75714]
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As long as any incentive is just a reduction in
May 9, 2019, 3:16 PM
[ in reply to If you grant that they stay in CLT if there are no.... ] |
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taxes. I am not for any municipality actaully giving a corporation money. It is different if less money is collected than would have been. I did not care for the guys tone in the article I shared in a different universe.
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All-TigerNet [12763]
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Y’all can have em as long as you take cam.***
Jan 24, 2017, 12:51 PM
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