LR sales tax and big money real estate grab

Jim Lynch wrote a fine piece for today’s Arkansas Democrat-Gazette (subscription required) making his argument against the proposed sales tax that will be decided today. It does bring in one-half billion dollars over ten years and $26 million in new operating revenue every year. I have pointed out that this is also promoting corporate welfare in the “research park.” Mr. Lynch (no relation) lays out a powerful argument. This is important.

City Hall’s tax-financed research park actually will be governed by the Central Arkansas Technology Park Authority (CATPA), a below-the-radar new board with powers of eminent domain.  Already African American leaders in our city are detecting the scent of bad old urban renewal days and memories of family disruption and home dislocation.  Long time residents have no real choice if CATPA wants their home.  Move out on your own or CAPTA will make sure you move!

Real estate must be captured somewhere in these mid-town neighborhoods
for CATPA and justifiable fears of real estate politics are evident.  City Hall’s
mega tax campaign committee released its finance report last week and very big
campaign bucks have been donated by the real estate industry, including $20,000 from a Chicago-based realty group.  Another $10,000 was donated by Little Rock realtors.

We are not talking about slums either. These are small humble houses, but many are well kept and functional. The only thing wrong with these houses is that they are too close to a criminal element. We should encourage good people, not kick their butts out on the street.

It is of the utmost importance that this one-cent measure (in two portions) be defeated. Please take a friend to the polls.


About patlynch
I am a broadcaster in Arkansas, a former freelance writer and political columnist in the Arkansas Democrat-Gazette. Writing Coach. Speaker. Director of the Christian Foundations for Ministry program, and presently enrolled in the Anglican School of Ministry Master of Ministry program.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: