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NEWS TIPS!RightMichigan.com
Who are the NERD fund donors Mr Snyder?Tweets about "#RightMi, -YoungLibertyMI, -dennislennox,"
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Detroit To Give GM Tax Break To Stay In RenCen, Now Laments Decision Since Taxes Are The Point!By Theblogprof, Section News
The situation would be funny if it didn't happen in the midst of economic tragedy. Detroit wants desperately to keep GM in the Renaissance Center, to the point that it will give GM a tax break. But now the realization sets in that the only reason to keep GM in the RenCen is precisely to collect those very taxes. Oops! From the Detroit Free Press: Hidden costs in deal to keep GM in Detroit.
In Detroit, where good deeds rarely go unpunished, Mayor Dave Bing is still trying to cobble together a deal to keep General Motors Corp. in its downtown Renaissance Center headquarters.I guess the programs won't be sucking off GMs teet anymore, eh? By the way, how have the Detroit Economic Growth Corp. and Downtown Development Authority been doing up to this point? Yeah - that's what I thought. You can plot the trajectory of Detroit and it's simply not good. Maybe these high taxes that fund bureaucracy after bureaucracy that appear to have no value added simply isn't working? Maybe??? And just goes to show that high taxes do not a good downtown make. In fact, it is a disincentive for business as clearly illustrated here with GM. Q.E.D.
Detroit To Give GM Tax Break To Stay In RenCen, Now Laments Decision Since Taxes Are The Point! | 1 comment (1 topical, 0 hidden)
Detroit To Give GM Tax Break To Stay In RenCen, Now Laments Decision Since Taxes Are The Point! | 1 comment (1 topical, 0 hidden)
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