Tag: taxpayers

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Accountability free trade & free markets insider corruption moral hazard national politics & policies porkbarrel politics responsibility too much government

Cry Me an Amazon

cronyism, Amazon, taxpayers, black hole

My idea of a “free market” is not our politicians’. Their idea is to give away free stuff to their new and old business buddies … at everyone else’s expense. 

That sort of “crony capitalism” has been writ large per Amazon’s search for a location for a second headquarters (HQ2). The world’s biggest retailer — valued higher on the market than all other major retailers combined — announced it would spend $5 billion and bestow 50,000 new jobs on HQ2’s locale. Subsequently, 238 cities, states and provinces in the U.S., Canada, and Mexico offered to take from their current citizenry to give unfairly to Amazon.

Chicago’s proposal would allow Amazon to keep the income taxes their employees pay. Seriously. This “personal income-​tax diversion” would add up to over a billion dollars for the company.

New Jersey state government offered a cool $7 billion in subsidies should Amazon choose to locate in Newark.

Seattle Times columnist Danny Westneat described this sorry spectacle of subsidy as not so much a corporate “takeover” as a government “surrender.”

The most egregious example, though, has to be Fresno, California, where the city “promises to funnel 85 percent of all taxes and fees generated by Amazon into a special fund.… overseen by a board, half made up of Amazon officers … supposed to spend the money on housing, roads and parks in and around Amazon.”

“Rather than the money disappearing into a civic black hole,” explained Larry Westurland, Fresno’s economic development director, “Amazon would have a say on where it would go.”

Selling out the taxpayers? Moolah in the millions. Referring to a normal city budget as a “black hole”? Priceless.

This is Common Sense. I’m Paul Jacob.

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Categories
individual achievement initiative, referendum, and recall tax policy

The Lion of Oregon

When I think of Oregon, I often think of Don McIntire. Last Friday, 74-​year-​old Don died from a heart attack suffered at home.

I knew him as a great storyteller, with a Mark Twain sort of wit. But McIntire was best known in the Beaver State as a longtime taxpayer activist, specifically the main proponent of Measure 5, a 1990 citizen initiative that limited the state’s oppressive property taxes.

Then-​Governor Barbara Roberts hyperbolically predicted that if voters passed Measure 5, “people would die.” Nonetheless, voters enacted the citizen initiative … and lived to tell about it.

Learning of McIntire’s passing, Jason Williams with Oregon Taxpayers United recalled the many phone calls he’d received from senior citizens, expressing their “heartfelt gratitude for Measure 5” and saying, “If it wasn’t for Don McIntire, I wouldn’t be able to live in my home today.”

Radio talk show host Lars Larson recognized McIntire as “a tax hero to millions of Oregonians whose taxes were reduced by literally billions of dollars because of the tireless efforts of this man.”

“Don McIntire was a giant in Oregon’s limited government movement,” said Cascade Policy Institute founder Steve Buckstein. “He gave tirelessly of himself for literally decades to reign in the government he thought was too large and too intrusive.… Every Oregonian who wants to keep government in check owes Don McIntire a huge debt of gratitude.”

Thanks, Don, for siding with taxpayers. Rest in peace.

This is Common Sense. I’m Paul Jacob.