HCA gets the Deal, Private property rights advocates speak against down zoning,
Check back for a summary, the location in the video to see the highlights of the meeting, and my commentary.
From the Tennessean:
HCA gets $66M tax break for midtown Nashville towers
by Joey Garrison,12-5-2012, The Tennessean- With only one dissenting vote, the Metro Council gave final approval Tuesday for a $66 million incentive package to healthcare giant HCA, paving the way for two soaring headquarters midtown high-rises and 1,750 new jobs in Davidson County. (read more)
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Read the NY Times editorial about state/local tax breaks for corporations. It is a follow-up to a three-part investigative report on the same.
ReplyDeletehttp://www.nytimes.com/2012/12/06/opinion/race-to-the-bottom.html?hp
"state and local governments have lavished millions of dollars in tax breaks on corporate giants like Samsung and the Big Three automakers — even as they faced budget deficits and were forced to cut spending on critical services."