Vote NO on Issue 2, another corporate welfare scheme | Arkansas Blog

Wednesday, October 31, 2012

Vote NO on Issue 2, another corporate welfare scheme

Posted By on Wed, Oct 31, 2012 at 9:38 AM

A Talk Business/Hendrix poll today shows voters mostly in the dark on a legislatively proposed constitutional amendment that is a Trojan horse for yet another giveaway to real estate developers.

A NO vote is the proper option, as we've said before.

The poll says that 35 percent favor it, 35 percent oppose it and the rest are undecided. Not surprising. There's been no talk about it and no organized advertising so far. If any emerges, it will be a last-minute dishonest blitz from real estate developers anxious for approval of a deal by which compliant city and county officials (see Little Rock, whose board is controlled by the business community) would authorize a sales tax on hamburgers, groceries and everything else to subsidize commercial development, typically the likes of big sporting good stores and entertainment districts.

I bet some developers are waiting in the wings to seek this subsidy in Little Rock and that the chamber of ocmmerce-controlled board — which thinks free enterprise means free financing on the taxpayer tab — has lots of good ideas about taxing local people to benefit private interests. Sure they'll create some new waitressing and clerk jobs. But they'll also kill some at competitors elsewhere who don't enjoy such subsidies.

The amendment also makes it easier for local governments to borrow money and would allow taxes to shore up police and fire pension funds. Police and firefighters are the figleaf for another naked grab at corporate welfare, stymied by court rulings in the case of the Tax Increment Finance boondoggle, another real estate developer enrichment scheme.

Hold your breath: Looks like Teresa Oelke and the other running dogs at the Koch boys' Arkansas lobby and I are in agreement on this one. Haven't seen them doing any mailing on this one, however.

Oh, Jesus, I've just learned Debbie Pelley is against Issue 2 as well because it will supposedly fund UN projects. If Jerry Cox joins in, I may have to rethink.

Tags: , , ,

From the ArkTimes store

Favorite

Comments (8)

Showing 1-8 of 8

Add a comment

 
Subscribe to this thread:
Showing 1-8 of 8

Add a comment

More by Max Brantley

  • Husbands' influence on the vote of women

    Hillary Clinton has been criticized for even mentioning that husbands might have had an influence on the vote of women, who only gave 54 percent of their vote to her candidacy. A social scientist says she might have a point.
    • Sep 25, 2017
  • Marking 60 years since the school crisis. Praise for the Nine and calls to action.

    The 60th anniversary of desegregation of Little Rock Central High School was lavishly recalled this morning with a ceremony featuring the eight surviving members of the Little Rock Nine, former President Bill Clinton, Gov. Asa Hutchinson, Mayor Mark Stodola and many other speakers.
    • Sep 25, 2017
  • Security tightens at Little Rock airport

    Security procedures will tighten at Clinton National Airport this week as the Transportation Security Administration requires separate screening of all electronic devices larger than a cell phone.
    • Sep 25, 2017
  • More »

Readers also liked…

  • Judge Griffen: Why black lives matter

    Another few words from Judge Wendell Griffen growing from the controversy over the sale of Black Lives Matter T-shirts at the state black history museum — removed by the administration and restored after protests from Griffen and others stirred by a story in the Arkansas Times:
    • Mar 13, 2016
  • More on how highways were used to wipe out "blight" of non-white neighborhoods

    Vox, a news website that concerns itself with energy and other issues, has a fine piece, including before and after images, on the history of the U.S. interstate system and why roads were built through the middle of cities (unless people of influence stopped them — see Manhattan, San Francisco and Washington, D.C.)
    • Mar 22, 2016
  • IHOP coming down, but .....

    I always scan the Little Rock City Board for items of interest this week and this one caught my eye: A zoning measure required by a proposal to tear down the IHOP at Markham and University.
    • Apr 30, 2016

Most Shared

  • Bad health care bill, again

    Wait! Postpone tax reform and everything else for a while longer because the Senate is going to try to repeal and replace the Affordable Care Act one more time before September ends and while it can do it with the votes of only 50 senators.
  • Sex on campus

    Look, the Great Campus Rape Crisis was mainly hype all along. What Vice President Joe Biden described as an epidemic of sexual violence sweeping American college campuses in 2011 was vastly overstated.
  • The inadequate legacy of Brown

    LRSD continues to abdicate its responsibility to educate poor black students.

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation