The Lonely Goatherd Blog And before him shall be gathered all nations: and he shall separate them one from another, as a shepherd divideth his sheep from the goats - Matthew 25:32
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August 24, 2006
Leo Morris' lack of CREDibility Writing on behalf of the editorial board of the Fort Wayne News-Sentinel, Leo Morris complains of a "lack of CREDibility" of the state Community Revitalization Enhancement District- specifically on the grounds that they didn't give their Fort Wayne Newspapers nearly as big a tax credit for building new offices as he figures they should have. Not that this looks transparently cheesy and self-serving, rather than any kind of actual dispassionate argument for the public good.
And based on the same understanding of the same criterion, Fort Wayne Newspapers, business agent for both daily city newspapers, should have received an incentive of $2.5 million for its new press facility, the first downtown CRED project to come online. But it was disclosed this week that the state had approved an incentive of only $250,000, quite a dramatic difference.
Leatherman [Greg Leatherman, Fort Wayne’s deputy director of community development] says the city has talked to state officials, who promise they have no desire to create a chilling effect for downtown development in Fort Wayne. "But they didn’t explain what they did. We still don’t know how they got from $2.5 million to $250,000."
Ewww, a chilling effect if the government doesn't give you enough special tax breaks! One might argue on the other hand that if that is the difference between building and not building, it was perhaps a questionable project to start with.
The fun part of this though is his indignant response to being gently not quite called out on this on the Fort Wayne Observed blog. (Comment #2) Why, how dare you question the public spiritedness of calling for a $2.5 million dollar tax credit specifically for my company? The nerve!