2,748 murdered in Obama's organized communities wrote:
> On Fri, 23 Jan 2015 12:17:47 -0800, Bill Shatzer<ww...@NOcornell.edu>
> wrote:
>> Al Czervik wrote:
>>> On 1/22/2015 3:27 PM, Bill Shatzer wrote:
-snip-
>>> And you think this is the same as building a road, airport or pipeline?
>> Well, it is, after all, a -private- pipeline. No one is going to use it
>> and no one is going to profit or benefit from it except TransCanada.
>
> And the landowners who get paid rent.
To repeat, there is no "rent". Once TransCanada as acquired the easement
by agree or compensation, it owns the easement in perpetuity and without
further payment.
> And the Americans who construct
> and maintain the pipeline.
Best estimates are that the maintenance and operation of the pipeline
with create thirty-five (35!) permanent jobs. Big freakin' whoop!
> And likely a shitload of taxes paid to the
> US by TransCanada (which will also need to change their name for
> accuracy's sake)
TransCanada's numbers vis-a-vis taxes have been seriously challenged by
the Cornell study. In South Dakota, additional actual local tax revenue
has been one-third of TransCanada's pre-constrution projections.
- snips-
>> The Keystone pipeline will exclusively benefit a single corporation -
>> and a foreign corporation at that.
>
> And the landowners who get paid rent.
Again, gawd damn it, there is NO 'rent'. Once TransCanada has purchased
the easement, it's theirs forever with no additional payments to anyone.
> And the Americans who construct
> and maintain the pipeline.
Thirty-five freakin' jobs. About what you'd get if they opened a new
Burger King in Omaha.
> And likely a shitload of taxes paid to the
> US by TransCanada.
The US gets nothing. The pipeline is not going to generate any income
within the US so no federal or state income taxes will result and the
social security taxed generated by 35 employees is simply insignificant.
Local governments may get some additional property taxes but it's far
from certain that those will be at all significant. And any property
taxes on the pipeline itself will be offset, at least partially by the
decrease in the value of the property over which the pipeline and the
easement runs.
Rather obviously, a property with a pipeline and easement running
through it is worth less than the value of the property whole and complete.
peace and justice,