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Maybe I’m departing from conservative orthodoxy, but selective tax breaks are bullshit

I don’t understand why anyone thinks this is a good thing (emphasis mine):

North Carolina lawmakers are pushing to give Apple Inc. a multi-million dollar tax break should the company bring an East Coast computer server farm to the state — an estimated $1 billion investment, according to a state official with knowledge of the recruitment efforts.

***

While it has been known that North Carolina lawmakers were working on changing tax rules to benefit one company, the name of the outfit has been kept secret. The state official said Catawba and Cleveland counties are potential sites.

I realize that our system of providing tax breaks for various conduct incentivizes all sorts of things, and it can be argued that this is just another type of incentive. But when you offer an incentive for converting to green energy, for example, anyone can take advantage of that, providing they have the means to do so. Existing North Carolina businesses can do nothing to take advantage of this break except threaten to move out of the state

Hugh Hewitt says this story should be “placed on every legislator’s desk in Sacramento, and a stack of copies carried around Arnold’s office.” No, thanks. Want to bring down taxes for everyone? Great, more power to you. Want to screw every other business in the state by keeping their rates high and giving privileged status to a newcomer? Forget it.

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