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With the current political and financial climate in the U.S, some corporations and rich individuals have already chosen to make the move to another state, as high tax rates remain for those in California- three years ago, Amazon made a surprise move to cancel their plans for their second headquarter in New York City, in spite of promises from the mayor of creating a tax haven for the company.
What are the actual impacts of massive tax breaks for corporations and who do they effect?
In today's episode of 'This House Debates', Hannah moderates the debate between Jacob and Joseph from the McGill Debating Union (Side Proposition) and Maria and Noah from the Hart House Debate Club (Side Opposition), on the topic: THW prohibit cities from offering tax credits and other incentives to attract large companies.
Please note: the debaters were assigned a side of the debate by the THW Debate Podcast Team. The views, ideas, and examples presented by the debaters do not represent nor reflect their own.
This episode was recorded on February, 2021.
We hope you enjoyed the episode. Email us at thwdebatepodcast@gmail.com for feedback, topics you would like to see in future episodes, or any questions and comments.
Credits:
Co-Producers: Heather Yuan and Hannah Zhao
Host: Hannah Zhao
Editor: Eric Jiang
Cover Art: @onlyooh_
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