On a smaller scale, SpaceX, Musk’s rocket company, cut a deal for about $20 million in economic development subsidies from Texas to construct a launch facility there.
Included in the local subsidies is a 15-year property tax break from the local school district worth $3.1 million to SpaceX. O
The article linked in the post I’m replying to, while from 2015, details $5.9 billion of subsidies that no-one I know approved in forms including tax breaks, century long $1 leasing deal in New York, rebates, and gifted sellable carbon credits.
This is separate to the $5.5 billion in SpaceTwitter contracts.
Both numbers, have, I’m sure I don’t need to check any data sets to see have gone up in the 10 years since.
Nice try.
https://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html
Musk is insane and lies when he opens his mouth. The whole operation runs on government dollars and tax breaks.
Looks like state subsidies, not federal?
Nice try, stan
@IncogCyberspaceUser@lemmy.world
The article linked in the post I’m replying to, while from 2015, details $5.9 billion of subsidies that no-one I know approved in forms including tax breaks, century long $1 leasing deal in New York, rebates, and gifted sellable carbon credits.
This is separate to the $5.5 billion in SpaceTwitter contracts.
Both numbers, have, I’m sure I don’t need to check any data sets to see have gone up in the 10 years since.