County officials are right to be concerned about losing tax money on a proposed pipeline running through Kansas to Cushing Okla. There's a populist reaction that wonders how the heck can we give the oil industry tax breaks. There's the economic development view that they are needed to spur economic activity. And the truth is probably somewhere in between on whether they benefit the larger community, and whether this project will create more energy independence.
There does seem to be a good point being made about tax exemptions in general - everybody offers them to compete for business, but do they really bring the promises hoped for. Cities and counties are required to do a cost benefit analysis of property tax exemptions for a specific business. But as far as I know, there is no follow up or accountability if those jobs/economic benefits don't occur as promised.
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2 comments:
Hey Dave. I would like to figure out how to link my blog to arkcity.net. here is my blog address.
http://commonsensepoiltics.blogspot.com/
Maybe you can help. It only has one post because ive been trying to figure out a way to get it public.
thanks for any suggestions
Hey Dave. Thanks for the link to the traveler. Your a stand up guy, I don't care what democrats say about ya! seriously though, thanks.
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