this post was submitted on 09 Jan 2024
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[–] prole@sh.itjust.works 1 points 2 years ago* (last edited 2 years ago) (1 children)

it's tax incentives for things those corporations were going to do anyhow.

Absolutely not. I can only really say for sure about the one aspect I'm familiar with, but I can assure you that the "Build America, Buy America (BABA)" requirement included in the funding that was approved in the Bipartisan Infrastructure Law, would 100% not have happened otherwise.

In fact, it's going to be a massive ~~pain in the ass~~ undertaking to get contractors to comply with it in general. There is zero chance that they would have done so otherwise.

Also, most (if not all, I'm not sure) of the money from the BIL for infrastructure projects will go into contracts that pay prevailing wage to workers. If you're not familiar with prevailing wage, it's pretty fucking high. Much higher than a contractor would ever choose to pay a (non-union) worker.

[–] FuglyDuck@lemmy.world -2 points 2 years ago (1 children)

Contractor pay has nothing to do with the environmental aspects of their legislation. The environmental things are all basically subsidizing companies for things there already doing or going to.

Further, even the act itself recognizes it’s all going to corpo pockets:

(7) by incentivizing domestic manufacturing, domestic content procurement preferences reinvest tax dollars in companies and processes using the highest labor and environmental standards in the world;

Ignore the bit about “highest labor and enviro standards”, it’s bald faced bullshit. BABA is subsidizing corporations.

Yes, that translates into American job, however… do you really think these corporations are going to be paying most of this subsidy into wages?

It’s like how Teslas were 50-60k cars and subsidized with tax. Tesla to buy it, but then suddenly dropped to 40k when people couldn’t afford it anyhow. Or federal school loans directly subsidizing the high cost of tuition.

It’s all just corpo pork. Pure and simple.

[–] prole@sh.itjust.works 2 points 2 years ago* (last edited 2 years ago)

Who said I was only talking about the environmental aspects? Also, you're acting like I wrote the fucking legislation, I didn't even say if I support it or not.

Prevailing wage is an entirely different thing, and sure I guess you can choose to ignore it, but it's not a bad thing.