The Star-Telegram Editorial Board praised two actions the City Council took approving tax breaks for wealthy developers and appropriating millions to prepare the way for others to earn huge profits.
The city provided $18.5 million in tax breaks for an “incompletely planned” development of the Lockheed Martin Recreation Area. Instead of offering “affordable workforce apartments,” the developer gave up an additional $2.25 million of the incentive, perhaps to avoid sharing the “pristine, waterfront setting” with lower wage-earners.
The paper lauded the council’s allocation of $6.63 million for bridges spanning dry land that may become a new channel for the Trinity, part of a $910 million project to make possible “waterfront development on the city’s north side.”
Both actions cast doubt on our seriousness about reducing budgets on anything other than funds that assist the working poor.
Cut food stamps, refuse additional Medicaid, shortchange public education — but lavish millions of tax dollars on the wealthy.
Where is the Tea Party when we need them?