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Tuesday, April 19, 2016

It's Corporate Welfare

by Greg Tlapek, 4/19/2016

The Cape Girardeau City Council approved a $2.49 million Tax Increment Financing (TIF) project last night.

Kudos to the two citizens who were there to oppose the issue.

Mayor Rediger is reported to have said "It will provide jobs.  It will produce income.  It will produce taxes."

The same could be said of any tax break given to any business.  It's corporate welfare.

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