Judy Walton won first place in Courts & Law Reporting. That story was unimaginable corruption. When the Justice system arranges for drugs to be planted on you, yikes.
Disappointing and short sided budgeting.
The city knows the first come first serve method of Pilots, and now TIF and making our city's poverty rate increase, and revenues flat. Yet, the City is discussing issuing more. ugh
Congrats, Wilson Air on a 1 million dollar loss in operating in the red the taxpayers will have to subsidize. Well, we needed Wilson Air to have placed for the rich and elite to park their private planes at the tax payers expense. I mean where would Jim Berry who has a monopoly on all airport parking contracts park his plane, and get his office space tenate (T-DOT Transportation Board Member) to make those important votes for de planes de planes, de private planes. Then look at the members of the
Chattanooga Airport Authority, you got some of the Black Creek Sub Tiffers. Hey, stealing public tax dollars is organized, they are just organized crime wearing ties.
Lets do the math on what the VW job cost the taxpayers just for the $577 million we know about. Was VW the best investment for those local tax dollars, or would the same taxpayer investment in small to mid sized business generated a better economic return? It is a fact that VW was simply the first to show up, rather than consider the best economic booster with public funds. Let's see no return on property or sales tax, which is flat in the long term. Short term we paid VW $290,000 per job. Frankly, small business jump starts would have generated more jobs than VW.
No one is a self anointed expert, but there are a pack of Chamber of Commerce people and a study that just does not hold water. Don't you think the data should be backed up by solid and available municipal revenue that is reflective of the true impact of VW on Hamilton County and Chattanooga. People asking questions about the oblivious should not bother anyone. A study commissioned by the gov. that omits relavate and readily obtainable data is more concerning to me.
I do know there have been talks between the City of County attempting to quantify how much taxpayer gift or subsidizes we the little people must give of our hard earned dollars. See VW doesn't pay property taxes or stormwater fees, but get's a firehall of their very own...amoung many other taxpayer gifts.
On food for sure.
Maybe the Friends of Chip Baker are just crazy, possibly.
Tennessee is a poverty state due to corporate welfare. Chattanooga has really been hit hard by corporate welfare PILOTS that greatly increase service demands, with no additional revenue. In the case of VW, City and County gov gave $212 million in local funds, including a $40 million dollar bond for their needs. What if they thought education was more important, than playing capital venturist with our tax dollars?
These PILOT, TIF and other incentives are simply a means to pass the tax dollors of working poor, and small business to the Chamber of Commerce Corporate Clubsters.
The Chattanooga Chamber keeps endorsing this concept that if we give our hard earned tax resources to these rich corporations there will be a trickle down in jobs. It fails miserably, because those teetering on poverty are now paying a higher tax burden to subsidize these corporations share of services, which also reduces a local government's revenue for infrastructure, schools, and social services. Hello, we think it is ok to give VW $40 million, but not build homeless shelters. How screwed up is that?
Tennessee cities are being pauperized by Chamber of Commerce mentality of PILOT for the rich, and have increased our poverty rate from 19 percent, pre PILOT Boom, to 31 percent.
Meet the Corporate Thieves of Tennessee that pay reduced or no property taxes. This is the 2011 list
The greatest employer is the state of Tennessee is small business, say no to PILOTS.