Wednesday, August 22, 2007

Corporate welfare going out of favor?

Let us hope so. Corporate welfare is just one step away from good ole fashioned corruption and political payoffs.

LInk

"There's an entitlement mentality about tax breaks today," Kansas City, Mo., Mayor Mark Funkhouser says. "Every developer thinks it's his right not to pay property taxes." Funkhouser was elected mayor in May after campaigning against tax breaks to developers, including one for a luxury condo development in an affluent part of his city.