Yet that's precisely what's before Northampton County Council right now. Proposed Keystone Opportunity Zone (KOZ) expansions in Northampton, Portland and Bangor will remove $13,000 in real estate tax revenue.
The Bangor proposal, which includes The Trust Building, drives Angle nuts. "We're giving a tax break to a guy from out of the county to buy The Trust Building, rent it out and not pay taxes for ten years. . . . The chance of me voting for this is zero."
Council member Mike Dowd disagrees, noting that KOZ classifications spur development.
Council will vote on this proposal in two weeks.
Over the last two years, Pennsylvanians have handed out more than $567 million in corporate welfare grants from the state general fund budget to politically connected businesses. Between 2003 and 2007, Pennsylvania ranked 38th in job growth, 40th in personal income growth, and 42d in population growth among the fifty states. Keystone Opportunity Zones have only helped the make the rich a little richer.