By Steve Wilson / January 22, 2016 / www.MississippiWatchdog.com Like a zombie, the “cultural retail attraction” sales tax rebate program keeps rising from the grave. A development deal for a potential shopping center on land owned by the city of Jackson at the Jackson-Medgar Wiley Evers International Airport will be partially funded by state […]
Another way to lose the trust of real investors is to give MDA bureaucrats money to invest in the name of jobs. They don’t try to pick losers. They just do it a lot. Why? No skin in the game?
Other Tax Incentives – not benefiting anyone…. except the Film Maker
The “cultural retail” tax incentive program has been a stinker of a deal for taxpayers, now made worse with a big dose of good-old Mississippi government secrecy.
“To attract economic development prospects, their privacy must be assured. That is why Renaissance at Colony Park sought a protective order from the court,” Mattiace said in an emailed statement to The Clarion-Ledger.
When the state Legislature passed the ill-conceived law subsidizing retail outlets, it could never have foreseen the result would be a huge zoning crisis in Ridgeland. Such is the law of unintended consequences.