Wed
May 24 2017
07:31 am

I have long called for a public audit of the comprehensive economics of our industrial parks. It's my outsider's opinion that they suck the life out of communities when done badly. If I had the power, I would outlaw tax breaks of every sort for corporations all across America and therby level the playing field for business recruitment. Every tax penny given to corporations is one less for schools and public works. I hope folks will read the entire article but here's an interesting snip:

It is often assumed that taking farmland and turning it into an industrial park is a net economic benefit to a county. But usually the industrial park tenants get tax breaks and the county tax base relies on sales tax revenue and the property tax revenue that private property pays.

(link...)

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Lost Medicaid Funding

To date, the failure to expand Medicaid / TennCare has cost the State of Tennessee ? in lost federal funding.