The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

A “hot property” will pay no taxes

Feb 13, 2006

After Ford Motor Co. said it would close a Wixom, Michigan assembly plant, the county’s executive officer said the property was a “hot property” and new businesses would compete to buy it.

So why did the Michigan Senate vote to give, in advance, a 15-year, 100% tax break to whichever company eventually buys it?

Are they so addicted to passing out corporate tax breaks like candy that they couldn’t stop themselves?