Tuesday, May 6, 2008

So, yeah, the abatement went mostly to the .....

Rich. So if this has been going on .....and the wealthy got the most of the benefit....how come? Who's in charge here? Do I have to do everything??
from the news tribune......

But extending the tax abatement program, which the city has never targeted at a specific project, is the wrong way to help ensure his project is a success. City officials would risk undermining what little public support for the tax program still exists. A report last year found the chief beneficiaries of Tacoma’s tax break have been affluent home buyers – the likes of whom Cohen will be courting.

Rather than extending the program to additional high-end development, Tacoma should be focusing on jump-starting more affordable housing projects. Odds are, Point Ruston will do very well without a tax break. Potential residents are likely to have all the incentive they need when they get a peek at that knockout view.

Here's one mono-rant....

I said this....for the umpteenth time....

I swear you people are copying me.....or are you in a Socially Responsible Mood because Karl Marx birthday was....... May 5.