Aug 19, 2013
On June 28, the Los Angeles City Council granted Westfield a special tax break of 59 million dollars on a new shopping mall.
The L.A. City Council rushed to approve the tax break application within one week after it was filed, as if some financial disaster is at stake. Not a single committee reviewed the application. The Council President allowed only 10 minutes for comments. And the council approved the deal 10 to zero. What an efficient bureaucracy!
Thousands of such tax breaks are similarly extended to many businesses by the cities all over the U.S. Meanwhile, city officials lie about budget shortfalls, empty our pockets through many taxes, lay off workers and neglect public services. New schools aren’t built, roads aren’t repaired, parks are not taken care of or closed and so on – all so business can profit. What a backward system!