Thursday, March 11, 2010

city council hearing on giving liberty mutual 16 million in tax breaks

shirley kressel has a post at blue mass group:

My comment:

I don't know when people are going to wake up that our business and political priorities are contrary to what is good for the majority of the citizens.

The leaders and executives at Liberty Mutual don't need libraries, they live in communities that value education and libraries, not the inner city neighborhoods of Boston. If they do live in Boston, you can be sure that they are relatively close to Copley which will always be there.

What they do need is even more money for their pockets, and few well placed contributions to candidates is well worth the return on investment. I believe John Keith at Universal Hub did the research and showed that Liberty Mutual executives gave about $16,000 to Mayor Menino last year, what is that rate of return? $16,000 to 16 million?

This tower will be near the corner of Berkeley and Columbus the old Salvation Army building. Blighted? Hardly.

But then again, the Mayor signed off on nearly 6 million in tax breaks a year for 1 Beacon Street because it is in a blighted area. Perhaps being 180 steps away from so many lawmakers at the State House makes an area blighted.

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