Cronies Love Taxpayer Capital
Local development leaders support economic bill:
Saying it offers more good than bad, regional economic development leaders on Monday expressed support for a maligned piece of legislation sitting on the governor's desk.
The bill, known as HB327, is a wide-ranging economic package worth $100 million in tax credits aimed at stimulating job growth, venture capital and development of blighted areas. But it also deals with an odd mix of issues, including ticket scalping, beef-cow subsidies and biodiesel tax credits.
Wealthy developers get tax relief, individual citizens and families get....somewhere to go spend whatever money they have left over to enrich the wealthy developers and the government.