tag:blogger.com,1999:blog-293433952655399056.post8277306712982460449..comments2024-03-06T04:35:38.806-06:00Comments on Disaffected and it Feels So Good: Office Depot Capitalists demand Illinois Taxpayers pay them or elseGrung_e_Genehttp://www.blogger.com/profile/01894879088472559055noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-293433952655399056.post-14115461973056944302013-12-13T01:05:57.775-06:002013-12-13T01:05:57.775-06:00You are agreeing with me again because you've ...<i>You are agreeing with me again because you've been reading my blog and learning ;)</i><br /><br />Hardly. Everything I expressed in that post came from at least ten years ago. You could have probably presented those questions twenty years ago and received the same answers.<br /><br />We're a lot more alike than you want to accept. Deal with it.ChickenHammerhttps://www.blogger.com/profile/10228053200668293249noreply@blogger.comtag:blogger.com,1999:blog-293433952655399056.post-81178946010279778092013-12-12T12:15:35.951-06:002013-12-12T12:15:35.951-06:00Nan,
Spot on. In August 2011, I highlighted a sim...Nan, <br />Spot on. In August 2011, I highlighted a similar story concerning Lowe's,<br /><br />Lowe's, Let's Destroy Something Together<br /><br /><a href="http://www.dailyherald.com/article/20110816/business/708169978/" rel="nofollow">Lowe's Home Improvement store in Schaumburg, Illinois snuck out</a> in the middle of the night on Tuesday, closing the doors on it's 116,000 square foot store. The store had been open for 5 years. Lowe's also closed a nearby store in Elgin, Illinois. <br /><br />Chicken hammer,<br /><br />You are agreeing with me again because you've been reading my blog and learning ;)<br /><br />But, the Sport Stadium deals are some of the worst. The Rickett's family, worth over $2.7 Billion, which bought the Cubs, wanted $300+ million from Illinois and Chicago citizens to rennovate Wrigley Field, while at the same time the Patriarch was spending millions to produce a glossy and slick 54 page proposal with advertisements about how to attack the evils of Obama's Socialism. <br /><br />"Socialism, communism, whatever you want to call it, is never the answer.“ - Hank Steinbrenner. Unless, that is you are a Billionaire baseball Team Owner, then the taxpayers, middle class, and working class people need to give you money to finance the building of your stadium, as when Steinbrenner received $1,200,000,000 Billion dollars in Taxpayer money to finance the building of the new Yankee Stadium.Grung_e_Genehttps://www.blogger.com/profile/01894879088472559055noreply@blogger.comtag:blogger.com,1999:blog-293433952655399056.post-87433520590024037132013-12-12T08:14:10.322-06:002013-12-12T08:14:10.322-06:00Race to the bottom is an understatement. The corpo...Race to the bottom is an understatement. The corporations play states, counties, townships, and municipalities off against each other and manage to get granted sweetheart deals that when looked at rationally make no sense whatsoever. You see deal that after deal where the state or city is never going to get back as much in taxes as they're giving away. <br /><br />Every so often a local unit of government will stand up to the corporate bullies, but not very often. We had a rare local example a few years ago. Walmart wanted to abandon their existing store to build a new super center a mile or so up the road. The township said No. No tax breaks, no special favors, no building permit. The township board was actually smart enough to recognize that they'd be stuck with a large empty building no one else would ever want, it would kill any additional development around that site, and they weren't going to go along with it. They'd already sunk a lot into infrastructure (roads, sewers, water) and no doubt had given Walmart a bunch of favorable deals when they built the original store in the '90s (which were probably expiring, which is why Walmart wanted to move). Walmart wound up remodeling and expanding the existing store. The township was lucky because they had geography and population distribution on their side. Usually the local units of government just end up looking stupid as the big box retailers move a mile or two down the road into a different municipality or township and screw those people over for a decade or two. Nanhttps://www.blogger.com/profile/18359007443116549436noreply@blogger.comtag:blogger.com,1999:blog-293433952655399056.post-73755784360828943422013-12-11T22:25:36.353-06:002013-12-11T22:25:36.353-06:00Gene,
Brace yourself because I'm going to agr...Gene,<br /><br />Brace yourself because I'm going to agree with you again. A state's tax laws should apply equally to everyone in the state. Corporate taxes should be the same between any and all corporations in a state. <br /><br />The same should apply to all taxing entities; everyone in the same jurisdiction should be subjected to the same rules.<br /><br />The other corporate charity that chaff's my ass is the multi-million stadiums and sports arenas being subsidized by the taxpayer. From imminent domain to construction funding grants, to special tax breaks it's a bunch of crap. When a multi-million team wants a new multi-million dollar venue they need to reach deep down in their pocket and pay for the damn thing.<br /><br />Every tax dollar your state, your county, your hospital district, your school district gives away in a tax subsidy dollar that will have to come from the working class and that's just straight up bullshit.ChickenHammerhttps://www.blogger.com/profile/10228053200668293249noreply@blogger.com