May 22, 2006

Another Reason I Detest Tax Abatements and Incentives

Filed under: Consumer Outrage, Corporate Outrage, Economy, Taxes & Government — TBlumer @ 8:37 am

Companies often can’t, won’t, or don’t stick to the terms of the deal.

Then the state or other government entity doesn’t try to get its money (i.e., our money) back.

That appears to be the case here with a multibillion-dollar household-name company.

(Why does the company even need to be asked to fork over the value of the breaks it didn’t earn?)

Ridiculous.

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