Posted by paul on October 05, 2012 at 20:10:30 from (76.77.196.231):
In Reply to: Re: O.T.Poverty level? posted by oldtanker on October 05, 2012 at 19:52:46:
Any building that went up in my small town in the past 30 years has been a TIF deal, and the Ecconomic Development Association has worked with finding grants and no-intrest loans for all sorts of businesses, apartment buildings, retail, etc. They built the foundation and parkinglot for a mini-mall in town, leased that out for $1 to make it happen.
They are building a subdivision of houses, on their 6th one now of 45 plotted out. Get $4500 off, get free street upgrades if it fills up over 1/2, and get special low intrest loans.
I mentioned the art funding below, I read about $20,000 to $75,000 grants for one art project after another in the paper, and I live in small-town rural Minnesota...
Years ago the state of Georgia put together a tax grant/ reduction/ incentive to get Diamond tool company to move to their state. Shut down the plant in my state, left people out of work to chase the 'free money' in Georgia.
What business in the past 50 years has _NOT_ been heavily subsidised with local, state, and fedral tax money?
Have you heard of an auto making plant that hasn't been basically built with govt grants - including the Japaneese iones built in the south?
Is there a perto company that doesn't get huge grants for pipelines, refinery impovements, exploration grants?
But you think out of all that, USA agriculture is the one problem and all our tax problems would go away if we just axed all the money 'wasted' on USA agriculture?
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