Credit: Universal Orlando
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I really doubt Universal decided to spend 100’s of millions of dollars over the years just to get $13 million back in tax credits.
The problem (as always) lies with brain-dead “do-good” politicians and all these “programs”. A single tax break is fine to encourage building in certain areas – although Universal again was going to add on to their resort (IofA) regardless of any tax breaks – but it should be after the first year of the new business or area the tax breaks go away. I’m all for helping new vibrate businesses going into depressed areas, but once established those breaks should end.
Alex, I’ll take “The Jews” for 500 please.
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