▶ Your Answer : The reading passage asserts that local governments benefit by attracting companies to their local area. However, the lecturer totally refutes the reading passage by stating that the passage is overstating the virtue while ignoring the potential drawbacks from such strategies.
First, the lecturer maintains that the total tax revenue will decrease if the government lures corporations with incentives. According to a study, tax rebates, which is a common incentive given by the government, cause loss in the total amount of taxes. This is antagonistic to the reading passage's claim that this plan will expand the tax revenue available for local investment.
Furthermore, in the lecture, she contends local people will not actually get new jobs. Existing local companies will have to compete with the new corporations and fall due to losing the competition, and this will lead to job loss. Also, companies tend to bring in current employees from outside when they move in to the local area. This, however, totally contradicts a point of the reading passage that using incentives to attract businesses can create new jobs for local people
Last, the lecturer disagrees with the reading passage's argument that using incentives will be beneficial to the local environment. She states that it does not help the local environment, and rather adds more pollution. The only case where green factory can lessen pollution is replacing another factory.
In a nutshell, the lecturer entirely rebuts the reading passage, which argues that it is an excellent approach for the local government to give incentives to lure new businesses into the local area, by mentioning that people are overestimating the benefits from that strategy. |