Well, this is being PROPOSED. But frankly I'm skeptical.
If a community gets 5-10 million from the feds, but can get 20-25 mil from a new hotel/condo who cares what the feds think.
yeah, unlike a lot on this thread, I think the left is just as much up in arms abuot this as we are, but for entirely different reasons.
For them it's about the evil corporations stealing poor peoples land. And I never thought I'd say it, but I gotta agree with them.
Govt is a mere go-between.
You make good arguments, but I think that communities tend to be run by people with bad math skills.
Example, raise tax rates, get more revenue. Except what really happens is that they get less. Less business, less to take, balanced by ever increasing spending by local governments.
In my town, the school board decided last year to overspend the budget by a million dollars. They figured that they could get away with it as the last election had a 9% turnout. So this election, we had 3 choices - increase taxes to pay 300K more than the overspending; 600K more than the overspending; or 900K more than the overspending.
All were voted down and the jerk that ignored the budget he had got kicked out of office. Needless to say, turnoout was at a record high (75%). He was replaced by an unknown.