Lockport Union-Sun & Journal Online

Opinion

May 8, 2013

Yahoo deal better than no deal

(Continued)

Lockport Union-Sun & Journal — To those that say we’re losing money in the deal, we’d be remiss in not pointing out that every tax dollar we get from Yahoo is a tax dollar we would otherwise be collecting from the rest of Niagara County taxpayers. 

True, we may not be getting as much as we’d like, but we’re getting more than we’d be getting if the land at the IDA Park in the Town of Lockport remained vacant. And that doesn’t even take into account the jobs created from the construction of the facility and the 115 jobs they’ve promised to add to the payroll. 

The math says that those jobs “cost” us $260,869.57 each. But you can’t lose what you didn’t have to begin with. And in the Yahoo deal, we feel we’re winning more than we’re losing.

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