Monday, November 19, 2018

It's been exactly zero minutes since a corporation acted like a sociopath.

It's been exactly zero minutes since a corporation acted like a sociopath.

https://www.citylab.com/equity/2018/11/property-tax-dark-store-theory-retail-apocalypse-walmart/574123/?fbclid=IwAR3k1UhwDYw06NoHh_ikWtB2m7Ixz50WHbKxNYl2meywtVjhyADxQLmMRNA
https://www.citylab.com/equity/2018/11/property-tax-dark-store-theory-retail-apocalypse-walmart/574123/?fbclid=IwAR3k1UhwDYw06NoHh_ikWtB2m7Ixz50WHbKxNYl2meywtVjhyADxQLmMRNA

12 comments:

  1. Hmm. So...perhaps smaller towns should just start creating more co-ops, then form an organization with other co-ops in their area or state to be able to buy in bulk, creating local jobs and distribution jobs, and tell the big corporations to go jump...? I wonder if that would work.

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  2. Valkyrie Page I didn't expect someone to go straight to socialism from this.

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  3. Craig Froehle Not socialism. Conservative farm communities, including the one where my mother grew up in the 1930s, formed co-ops because there wasn't any other way to afford what they needed. These smaller towns clearly can't afford to have these thieving big box stores, and those stores need to be taught a lesson. It's American know-how, American can-do, Americans helping each other.

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  4. Valkyrie Page Just look for the state laws banning communities from doing exactly that. Just like the state laws saying communities cannot ban fracking and the ones that ban municipal WiFi.

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  5. Those parking lots alone are worth millions.

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  6. There should be enough evidence gathered through urban decay to work remediation costs into property valuations by now, or certainly into any development permitting.

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  7. I also support straw buyers disclosing negotiations with sellers.

    But, you know, these thieves know people will always drive another five minutes to save money in a more 'amenable' municipality.

    Suburban predation on the city and on each other is why things are the way they are.

    Keep driving to new things!

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  8. In Kansas City they offer Tax Increment Financing allowing the corporation to save on taxes, water, etc. It's now popular on both sides of the state line, but KC and St Louis are King. Then they whine about not having money.

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  9. That these tax breaks have not been taken to task, and their constitutionality challenged in court, is very surprising.
    The way these laws are written, to narrowly apply to a thin band of wealth... Is patently discriminatory.
    These tax break laws should only be permitted, if all taxpayers (regardless of income level, capital, etc...) are all able see the same measure of tax break.

    But, that the benefactors of these breaks all sit in much higher income brackets, means that they are discrimination.

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  10. Joseph Milan The thousands the city is losing?

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  11. Yeah but those disappearing minimum wage jobs might have once existed somewhere else!

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Now I'm doubly intrigued!

Now I'm doubly intrigued!