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Old 02-22-2018, 12:48 PM
 
4,257 posts, read 2,845,881 times
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Quote:
Originally Posted by ATLTJL View Post
That's actually not quite true when it comes to the film industry. They are given tax credits, which they don't even use and often sell to other companies. That does take money away.
Does it actually take money away, or does it just not bring as much in? If the state isn't paying money up front. If I demand $1000 from someone and I then give them a credit and take only $700, did I actually lose money? No...I still have $700 more than I did before.

On another note, if I demand $1000 from someone, but give them a 30% credit based on the thinking that associated income from their presence would bring in 50% above the original amount, I'd end up with $1,200. In the end, I made more money.

I can assure you that my personal tax bill, being employed by the film/TV industry, was not small. I paid more in state and federal taxes this past year than the total AGI of 35% of the country. I do not get a break. Then you account for the extra sales taxes paid because now I have far more income than I did previously. And the taxes paid on numerous other things by people working in the industry or companies supplying the industry, it adds up. Georgia sees a lot of income from this that they otherwise would not. And they aren't having to provide much more service for it.

Quote:
Originally Posted by cparker73 View Post
Philips paid $185M back in 1999 and could command an even higher price now, but I'm willing to bet that the city threw in the naming rights in the bid to lure Amazon's HQ2.
$185 Million? That just sounds like a poor business decision. Does anyone believe that enough people were led to buy Philips products based on the name of this arena, that it would make up for that kind of cash?
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Old 02-22-2018, 01:33 PM
JPD
 
11,883 posts, read 14,511,579 times
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Quote:
Originally Posted by samiwas1 View Post

$185 Million? That just sounds like a poor business decision. Does anyone believe that enough people were led to buy Philips products based on the name of this arena, that it would make up for that kind of cash?
I tend to avoid products from companies that buy naming rights for Atlanta venues. I think it's crass for everything to be named after products or businesses, and to constantly have money-making rammed down our throats. I avoided Aaron's Amphitheater, but now that it's just called Lakewood again, I've made a point of going to a couple concerts there each year.
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Old 02-22-2018, 01:48 PM
 
Location: Kirkwood
22,209 posts, read 16,245,820 times
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Quote:
Originally Posted by JPD View Post
I tend to avoid products from companies that buy naming rights for Atlanta venues. I think it's crass for everything to be named after products or businesses, and to constantly have money-making rammed down our throats. I avoided Aaron's Amphitheater, but now that it's just called Lakewood again, I've made a point of going to a couple concerts there each year.
That's the Atlanta way. It's how Atlanta paid for the Olympics.
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Old 02-22-2018, 01:53 PM
 
Location: NW Atlanta
5,010 posts, read 3,499,291 times
Reputation: 2653
Quote:
Originally Posted by JPD View Post
I tend to avoid products from companies that buy naming rights for Atlanta venues. I think it's crass for everything to be named after products or businesses, and to constantly have money-making rammed down our throats. I avoided Aaron's Amphitheater, but now that it's just called Lakewood again, I've made a point of going to a couple concerts there each year.
I don't remember anyone objecting to the naming of Philips, especially since it had never been known by anything else.
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Old 02-22-2018, 02:00 PM
JPD
 
11,883 posts, read 14,511,579 times
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Quote:
Originally Posted by cqholt View Post
That's the Atlanta way. It's how Atlanta paid for the Olympics.
It's that way everywhere in this country, really.
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Old 02-22-2018, 02:01 PM
JPD
 
11,883 posts, read 14,511,579 times
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Quote:
Originally Posted by Gulch View Post
I don't remember anyone objecting to the naming of Philips, especially since it had never been known by anything else.
That wasn't the question.
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Old 02-22-2018, 02:40 PM
 
Location: Johns Creek area
9,585 posts, read 8,670,246 times
Reputation: 5087
Pink Pony Coliseum?
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Old 02-22-2018, 03:20 PM
 
Location: The canyon (with my pistols and knife)
12,999 posts, read 17,178,877 times
Reputation: 14313
Ken Nugent Arena.
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Old 02-22-2018, 03:36 PM
 
Location: Atlanta and St Simons Island, GA
21,044 posts, read 33,049,831 times
Reputation: 12724
Amazon Arena. This, the empty AT&T building...the puzzle pieces just seem to be falling into place.
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Old 02-22-2018, 04:16 PM
 
12,948 posts, read 21,056,522 times
Reputation: 4101
Quote:
Originally Posted by Iconographer View Post
Amazon Arena. This, the empty AT&T building...the puzzle pieces just seem to be falling into place.

Yes, ma'am...!
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