This is a tricky one. On the one hand, living in a free-market-loving country and state as we do, it’s hard not to experience cognitive dissonance when we hear about the government having to pay money (or grant big tax breaks) to bring businesses to town.
Did Dallas really need to give the Richards Group $1.8 million to subsidize the building of its parking-garage-with-an-office-on-top in one of the most desirable, walkable neighborhoods in the city? Or $450,000 to Zale Corp. to move to a segment of the city so remote that most of the economic benefits will likely spill into the suburbs? Or $3 million to a multibillion dollar big-box retailer to set up shop in North Dallas?Read More