I Love Capitalism, Again

Is this the Bass Pro Shop chain that like Cabela's and bunches of other chain stores wrings government subsidies out of the local community so the local taxpayers pay for the land, the improvements, and pick up the store's taxes just to get the store to locate in the town and create a few hundred retail jobs?

Maybe you shouldn't be thanking capitalism, but rather the taxpayers of Manteca for the low prices.

@mulp

States generally regarded as 'capitalist' all grease the rails of private enterprise anyway, so the sort of subsidies you describe are pretty much standard to capitalism. Investment logically moves to places that provide subsidies, even if the subsidies are funded through coercion.

Henderson did not credit laissez-faire, after all; he credited capitalism. Presumably warts and all. And capitalism is, indeed, great at meeting diverse wants.

There is an externality involved in shorts. Perhaps the designers figured that out.

Mulp,

They don't do it to create a few hundred jobs. They do it to generate thousands of dollars in sales which are then taxed.

You should find a cabela's and go in.

Ted Craig, that makes no sense. The taxes have to be higher than the subsidy for county- and state-level governments to want to offer them, but then why would a business consider this attractive?

Mulp is right. Business and government working together to exploit taxpayers (to the tune of $45 million dollars in this case) is criminal, even if it might benefit certain groups of consumers, such as fishermen.

If this is capitalism, then libertarians should oppose capitalism as Sheldon Richman recently argued.

Here's how sales taxes work in most states:
The state collects the tax and then returns at least a portion to the municipality from which it came. Sales taxes allow municipalities to expand their tax base beyond local residents, as David Henderson's story illustrates.
Few municipalities have income taxes. Most states have sales taxes. It's not about the jobs.

Does that make sense?

Who cares why THEY do it! Just that THEY provide jobs from the private sector should be good enough. If you havent noticed our taxation/trade laws have done a great job of exporting our jobs to other countries where taxes/laws arent so burdensome.
If you want to create jobs and an economic recovery, invest in making it easier for the private sector to get loans and lighten taxation laws. Then watch unemployment rates decrease and this so called recession dissappear. Thats capitalism and how it should work!!