Let's say I'm a New York Corporation that hires remote. While I'm still paying New York payroll tax on my New York employees, most of my employees are not New Yorkers, do not live in New York, do not patronize New York. Nada.
Now. Let's say New York falls on hard times. New York offers a recurring tax break. But there's a catch. They want 60% of my people to be from New York. They also want them patronizing New York City. But that isn't the end of it, that's just the fiduciary justification. The Chamber of Commerce is going to start sending (State Employer/System) your way for being such a good contributor to the local economy. The increased foot traffic keeps the commercial property values high, which are, as it turns out, part of a lot of rich people who tend to end up on boards or as C-tier people. It also means those people are generating revenue for the local tax district.
You are correct. It sounds conspiratorial, because it is conspiratorial by nature. Governments and large employers (and specifically the management/runners thereof) fquently engage in quid pro quo.
Now. Let's say New York falls on hard times. New York offers a recurring tax break. But there's a catch. They want 60% of my people to be from New York. They also want them patronizing New York City. But that isn't the end of it, that's just the fiduciary justification. The Chamber of Commerce is going to start sending (State Employer/System) your way for being such a good contributor to the local economy. The increased foot traffic keeps the commercial property values high, which are, as it turns out, part of a lot of rich people who tend to end up on boards or as C-tier people. It also means those people are generating revenue for the local tax district.
You are correct. It sounds conspiratorial, because it is conspiratorial by nature. Governments and large employers (and specifically the management/runners thereof) fquently engage in quid pro quo.