Corporate welfare clawbacks | Arkansas Blog

Sunday, January 3, 2010

Corporate welfare clawbacks

Posted By on Sun, Jan 3, 2010 at 4:39 PM

Arkansas -- where it's an article of faith that it makes sense to take local sales taxes on poor folks' rice and beans to finance fat salaries for the dubious achievements of high living and unaccountable chambers of commerce and economic development corporations -- this movement won't be coming any time soon.

But I'm happy to read in the Log Cabin Democrat an article on the rise of local government "clawbacks" of tax abatements and other corporate welfare given to companies that didn't deliver the jobs promised.

To an Arkansas legislator, this good government would be sneered at as "biting that hand that feeds us." Lost on them would be the delicious irony of their protectionism for the lobbyists and special pleaders who, indeed, feed them well at restaurants where the ragged people don't go.

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