Did you hear about this tax increment thing that’s happening in Raleigh? Sounds a little sketchy to me! Mega-developer John Kane wants hundreds of millions of dollars in taxpayer funds to pay for his Downtown South sports stadium.
Taxpayer Subsidies: Not Needed Then, Not Needed Now.
Taxpayer subsidies to developers are rarely, if ever, a good idea. John Kane is asking for public money to fund his proposed "Downtown South" development. Because of my concerns, I spoke to the Raleigh City Council during the public comments period of the November 4th...