Monday, July 17, 2006

Gatorade and corporate welfare

It seems like every company that can't outsource their production plays one little town off another. Sure we will build here if you don't want us to pay taxes. They already have a bottling plant and want to expand it. It should be an economic decision and it is. They are going to expand the bottling plant because the market is there but they were able to ditch some property taxes by threatening to do it elsewhere. Me and you will pay the difference.

CV: Under the terms of the Local Economic Revitalization Tax Assistance plan, the county would waive an estimated $52,741 in annual property taxes per year between 2010 and 2016. Crestwood School District and Wright Township officials already have granted preliminary approval for the tax forgiveness.

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