Sunday, July 17, 2005

More Corporate Welfare, $233,000 Worth

Last week, the Cabarrus County Commission awarded a economic incentive grant valued at $233,000 to Haas CNC Racing. The team intends to expand it's business by relocating to Kannapolis from Harrisburg.

The city of Kannapolis is considering a $212,000 grant as well. It must be nice for the owners of Haas CNC Racing! After receiving the 'bribe money' from the county and already deciding to stay in Cabarrus, they may well receive another bribe from the city of Kannapolis. A whopping total of $445, 000 in tax rebates!

CH-CHING!!!

Once again, in the name of jobs and economic development, our local governments have extended unconstitutional "privileges" to private corporations. When certain companies receive tax rebates, the other companies have to pick up the slack. The privileged company receives the same 'services' as their competition here in the county does, at a lower fee.

Favoring certain businesses over others in immoral and unjust.

Equal Justice For All, Special Privileges To None...

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