Showing posts with label Corporate Welfare. Show all posts
Showing posts with label Corporate Welfare. Show all posts

Friday, November 17, 2017

Ken Hagan Searching For A Creative Cocktail And Oars

Baseball Stadium in Ybor City
$800 million 
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Ray's paying 
$150 million
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They are $650 million short
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Our Corporate Welfare king Ken Hagan is looking for a creative cocktail of financing mechanisms.

 And oars ($$$) to 
pull the boat forward.

Wednesday, October 25, 2017

Tampa Bay Rays Corporate Welfare

By Guest Blogger Jim Bleyer of The Tampa Bay Beat

A land deal that would cost Hillsborough County taxpayers an estimated $600 million to enrich corporate interests, at least one public official, and Tampa Bay Times investors was suddenly unveiled yesterday to an unsuspecting public. It’s an unraveling plot that is worthy of the duplicity, corruption, and intrigue found in
 “24” or “House of Cards.”

County Commissioner Ken Hagan, who never met a developer  he didn’t embrace, for months conducted negotiations in secret.  He was quoted by the Times as saying that “the community has reached an agreement with land owners” to gain site control of about 
14 acres there.

But is Hagan speaking “for the community?”  Not a peep out of the other six county commissioners, County Administrator Mike Merrill, or any member of the Tampa City Council.
Tampa Mayor Bob Buckhorn told the media he was “surprised” by the development but added, “the location makes sense.”  Tampa Bay Beat doesn’t buy Buckhorn’s feigned ignorance.

A nonprofit corporation was created in order that all communications and dealings could be kept under wraps, an obvious gambit to avert Florida’s Government in the Sunshine Law. According to the Florida Department of State’s Division of Corporations, corporate papers were filed by Shumaker, Loop & Kendrick, LLP.

It is a given in Tampa political circles that Buckhorn will lobby for the Shumaker firm, whose wheelhouse is land use,  as soon as he leaves office in 2019.
Local bloggers from throughout the political spectrum oppose the funnelling of tax dollars for a new Rays stadium.  Only the Times and other pay-for play media entities have remained silent or supported the money grab.

WTSP’s Noah Pransky has led the charge in shining a light on the cloaked stadium negotiations with his Shadow of the Stadium blog. Two weeks ago, Sharon Calvert’s Eye on Tampa Bay ran a comprehensive analysis of the pitfalls involved in any stadium deal.  The Ybor City Stogie has for years opposed tax dollars being used to finance a Rays stadium.
Tampa Bay Beat last week reported that real estate baron Darryl Shaw, who stands to reap at least $100 million from a stadium relocation to Ybor City, is one of the secret “investors” who bailed out the Tampa Bay Times earlier this year.
Shaw has entered into an option agreement with a nonprofit led by Tampa lawyer Ronald Christaldi, who represents Shumaker, and prominent businessman Charles Sykes. It can transfer the site to the county, Rays or any other entity, should the team agree to move to Tampa.
The machinations that could lead to a $600 million taxpayer ripoff are shielded from public record.
The under-the-table scheme faces a ton of hurdles.
—The Rays and owner Stuart Sternberg—and Major League Baseball—must decide if they want to be associated with an unethical and possibly illegal contrivance let alone whether or not the Ybor site is even suitable.
—Then there are other public officials, either running for office again or conscious of their legacy, who are responsible to the public but have yet to weigh in on Hagan’s proposal.
—A portion of the proposed parcel is owned by TECO, a utility presumably regulated by the State of Florida.  It must consent in order for the proposal to become less unfeasible.
—Then there is a law enforcement aspect. State Attorney Andrew Warren and/or the FDLE could very well investigate the entire process to ensure the letter of the law was followed at every turn.  And if even a scintilla of any transaction, negotiation, or funding occurred across state lines or internationally, the FBI would have a stake.
The Internal Revenue Service has received a complaint challenging the nonprofit status of the Poynter Institute, parent of the Tampa Bay Times. If the IRS perceives the newly created “nonprofit” as an artiface, that corporation could end up being taxed and its records subject to disclosure.

The Times, not wanting to alienate Shaw and any other investor that will benefit from the deal, has not questioned the secret negotiations or the wisdom of dropping a half-empty monstrosity onto Ybor’s fabled landscape.
“But once the search started, the Channel District-Ybor site emerged as the top contender,” reported the once-trusted Times late yesterday. Besides Shaw, Jeff Vinik, who is developing 50 acres in Channelside, has been identified as a Times investor.
Shaw and Vinik have contributed to Hagan’s 2018 bid for a fifth term on the county commission.

Thursday, September 28, 2017

Enterprise Florida Salivating To Suck Jeff Bezos's Dick

Enterprise Florida CEO Pete Antonacci said Thursday that pursuit of a new east coast headquarters planned by Amazon is his organization’s top priority right now. He want bids from Jacksonville, Orlando, Tampa, and South Florida. He encourages them to emphasize tax giveaway (Corporate Welfare) incentives.
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Jeff Bezos, owner of Amazon IS worth $81.1 billion. He should be paying us for the honor to do business in our state. here

Wednesday, September 27, 2017

Florida Taxpayers About To Take It Deep!

Pinellas and Hillsborough counties will join forces in an effort to convince Amazon to build a new world headquarters in the Tampa Bay area. Miami, Fort Lauderdale, Jacksonville and Orlando also want in. The nation's largest retailer has launched a nationwide bidding war between cities and even states to land the online giant's second headquarters, known as HQ2. here
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Tampa Mayor Bob Buckhorn says that Rick Scott would have to ask for "tens, if not hundreds of millions of dollars" in state economic development incentives (AKA Corporate Welfare) to attract Amazon to Florida.

Friday, July 21, 2017

Pete Antonacci Put In Charge Of Florida's Corporate Welfare

 This guy use to be executive director of the South Florida Water Management District and once told scientists to stay in their lane rather than criticize his water agency's work on Everglades restoration. here

Thursday, July 13, 2017

Tampa Bay Rays Donated To Ken Hagan

Tampa Bay Rays principal owner, Stu Sternberg, donated $1,000 to the 2018 re-election campaign of Hillsborough County Commissioner Ken Hagan, the county's biggest cheerleader for a new Rays stadium in Tampa. 
here
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We all know Mr. Hagan well. He wants to use public dollars to finance a new home for the MLB club.

Thursday, June 8, 2017

Hillsborough County $2.5M In Corporate Welfare

Hillsborough County Commissioners are expected to consider granting a new Siemens joint venture a seven-year tax break if the German manufacturer elects to develop a new $130 million, high-tech factory in the county. here
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Wednesday, April 12, 2017

Florida GOP Ken Hagan Wrong Again

The City of Tampa may have a highlight reel to show off its successful 2017 College Football Playoff championship, but Hillsborough County doesn't seem to have the tax receipts to prove the event was an economic success for the region.
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When Tampa landed playoff championship week more than three years ago, Hillsborough Commissioner Ken Hagan claimed the event would bring somewhere between 1,700 and 1,800 full-time jobs, as well as $250 million to $350 million in economic impact. However, that kind of revenue would have generated an extra $17.5 million to $24.5 million in sales taxes, which there seems to be little evidence to support. here

Wednesday, April 5, 2017

Bob Buckhorn Supports Corporate Welfare

At the Brian Glazer Family Jewish Community Center in West Tampa having lunch Buckhorn used the opportunity to advocate for the continuing existence of Enterprise Florida and Visit Florida. Earlier this month, the House passed a bill that would eliminate Enterprise Florida and nearly two dozen tax incentive programs. here
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“All of you need to get your phone and call your legislators and say, ‘stop this foolishness. Stop it now." Bob Buckhorn

Tuesday, March 21, 2017

Florida GOP Corporate Welfare

Tucked on page 65 of a 187-page bill is a clause that continues to award $2 million in annual tax credits to the World Golf Hall of Fame in St. Augustine for the next six years. Even in their analysis to members, House Republicans called the museum the single worst bet the state is making with tax credits. here
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 The Hall of Fame lists Rolex and Shell as two of its top corporate partners, yet has relied on taxpayer support since its 1998 agreement with the state.

Thursday, March 9, 2017

Florida GOP: Foxes In The Henhouse

State of State
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Rick Scott promised to fight for economic-incentive money, business tax cuts (Corporate Welfare) and conservative education reforms. here
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A coalition of labor, environmental, LGBT-rights, and other left-leaning groups under the banner “Awake the State” organized more than a dozen rallies across Florida to coincide with the first day of the 2017 legislative session, including an event at the Capitol. Their message: Scott and Republican leaders are not fighting for us.
-“The governor, and frankly the speaker (Richard Corcoran), are living in an alternative reality.” Sen. Gary Farmer

Thursday, January 12, 2017

Rick Scott's Florida Corporate Welfare Not Working

Florida’s state economic development efforts are “underperforming,” according to a new legislative report. An undesirable label by any standard, critics and lawmakers already skeptical of providing taxpayer support (Corporate Welfare) for private businesses. here

Wednesday, January 4, 2017

Florida GOP Tom Lee Gets It Right

Three years after the Florida Legislature set up a Corporate Welfare system for funding sports stadium construction and renovation projects using taxpayer money, one lawmaker wants to dismantle it. Sen. Tom Lee of Brandon, filed SB 236 on Tuesday which would repeal the law. here

Monday, December 19, 2016

Commissioner Kemp Fight For 15

Pat Kemp told a group of millennials at the Blind Tiger Cafe in Ybor City. 
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“I want them to put something in there that’s like a minimum wage of $12 an hour or something before we subsidize.” Pat Kemp
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We don't believe in Corporate Welfare of any kind, but if you are going to give Corporate America our money the least they can do is pay $15 per hour.
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Write or call her 813.272.5730
and demand $15!
Pic: Ms. Kemp at Fight For 15 rally in Ybor.

Saturday, December 17, 2016

Florida Taxpayers Pay Pitbull A Million Bucks

$1,000,000
Visit Florida, (Florida INC's) tourism agency, refused to release how much they had paid him, calling it a "trade secret. But now the mystery is over, he posted the contract on Twitter. here

Saturday, December 10, 2016

Corporate America Hillsborough County, Florida Is The Place To Be

Attention job creators
Not only do we offer:
Great Weather, Beautiful beaches with great views (No oil derricks), Great Universities, The Florida Aquarium, Great Food, Great Beer, Gambling, Cross Bay Ferries, Ybor City, SOHO, The best strip clubs in the world.
But Our County Commissioners will give you $350.000 for every 30 job you create.

To get in on the action.
Contact one of our sales representatives
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Victor Crist: 813-272-5452
Ken Hagan:  813-272-5725
Al Higginbotham: 813-272-5735
Sandy Murman: 813-272-5470
Stacy White: 813-272-7049
Les Niller:  813-272-5720
Pat Kemp:  813-272-5730

Thursday, December 8, 2016

Corporate Welfare: Hillsborough County Pays $350,000 For 30 New Jobs

The exemption for NewSouth Window Solutions would save the company nearly $50,000 a year in ad valorem taxes and cost the county nearly $350,000 in lost revenue over the seven-year proposal. In return, NewSouth would have to create at least 30 new jobs in Hillsborough County. here
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The Hillsborough County Commission
unanimously approved 
this giveaway!
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“This is a great story of a manufacturer expanding in our community,” said Hillsborough County Commissioner Sandra Murman.
Murman said criticism to past incentives stemmed from a lack of accountability. The NewSouth deal would require the company to create at least 30 jobs or the deal is off.

Monday, December 5, 2016

Publix Wants Some Corporate Welfare

 They want $4.2 million in exchange for adding 700 jobs and a facility in Lakeland. here

Thursday, November 3, 2016

Ken Hagan: Hillsborough County Corporate Welfare King

The local organizers of the upcoming college football championship at Raymond James Stadium are asking Hillsborough County to pitch in $1 million to help host the event. Mr. Hagan is all for it. here

With little discussion, the Hillsborough County Commission unanimously
 approved it. here
We are disappointed in you Mr. Beckner!

Wednesday, October 19, 2016

Rick Scott's Corporate Welfare

Florida INC. CEO Rick Scott wants $85 million to give to his corporate buddies. He apparently has given up on the idea that he can create jobs, which he claimed he would do in his election campaigns. Scott’s strategy to lure jobs from other states ignores the facts of job creation. Most new jobs are homegrown, not lured from elsewhere. here
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Florida already has one of the lowest tax burdens in the nation and lax
 environmental regulations.