A state taxpayer beneficiary runs into difficulties | Arkansas Blog

Wednesday, April 8, 2015

A state taxpayer beneficiary runs into difficulties

Posted By on Wed, Apr 8, 2015 at 11:53 AM

click to enlarge images.jpg
Gov. Asa Hutchinson made it clear in the recent legislative session that he believes increasing corporate welfare is a ticket to economic prosperity. Among other signs was the biggie — his backing of a proposed constitutional amendment to allow unlimited state debt to hand out in the form of corporate welfare to potential businesses. That measure also would legalize taxpayer handouts to local chambers of commerce, which serve as political lobbying organizations for corporate interests. (Don't you wish working people had a taxpayer-financed lobbyist?)

This is all a set-up to say corporate welfare is no guarantee of job creation. The Beebe administration sunk $2 million and other valuable considerations into Soul of the South, a television network aimed originally at the black market. It has struggled, as Sean Beherec has been reporting for Arkansas Business. Beherec has dug deeply into legal disputes, struggles to gain market, the past of some related parties and internal bickering at the venture, whose CEO now says it may wind down operation. The venture passed across our radar briefly last year.

Tags: , , , ,

From the ArkTimes store


Comments (5)

Showing 1-5 of 5

Add a comment

Subscribe to this thread:
Showing 1-5 of 5

Add a comment

More by Max Brantley

  • Turkeys rescued in Yellville enjoy their Thanksgiving

    Farm Sanctuary, an animal protection organization, sends word that four turkeys rescued from the Yellville Turkey Trot after the annual drops from buildings and an airplane will enjoy Thanksgiving in friendlier places
    • Nov 23, 2017
  • More criticism of UA proposal to change tenure policy

    Reason is among the latest to offer critical commentary of a proposal from University of Arkansas System lawyers to change the tenure policy so that a lack of collegiality could be used as a justification for firing a tenured professor.
    • Nov 23, 2017
  • The Clintons

    I wasn't particularly excited about the 25th anniversary celebration of Bill Clinton's election. Life goes on.
    • Nov 23, 2017
  • More »

Readers also liked…

  • Judge anticipates punishment of lawyers in Fort Smith class action case

    Federal Judge P.K. Holmes of Fort Smith issued a 32-page ruling yesterday indicating he contemplates punishment of 16 lawyers who moved a class action lawsuit against an insurance company out of his court to a state court in Polk County after a settlement had been worked out.
    • Apr 15, 2016
  • Hospitality, restaurant groups oppose bathroom bill

    Add the restaurant and hospitality association to those opposed to Sen. Linda Collins-Smith's bill to keep transgender people out of public restrooms that match their gender identity.
    • Mar 16, 2017
  • 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 Recent Comments



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