City Quote by David Neeleman
“I think they got caught up in how much money they could get from each of the city governments as far as tax rebates. But that stuff works when you make money. It's a little bit phantom money.”
About This Quote
Source Speech: Aviation conference, 2015
Tax incentives appear lucrative but are unreliable; they depend on actual profit generation.
In simple terms: Tax rebates are uncertain without profit.
Seek sustainable revenue, not just incentives.
Themes
Mood
Type
When to use this quote
- startup budgeting
- investment decisions
- financial planning
Key Concepts
Questions to Reflect On
- What revenue streams can replace uncertain incentives?
- How to assess real profit vs tax benefits?
Relying on rebates can create false security.