I read with interest the article on tax breaks for “business” and the legislative initiative to “increase transparency” for the process in the Feb. 16 edition of the MDJ.
The Cobb Chamber of Commerce opposes the bill because “confidentiality is paramount.” Without tax “abatements and incentives,” the argument goes, a number of large businesses would refuse to locate in Georgia. What if they start demanding drugs and hookers?
Perhaps it’s time to take an ax to the root. What is the theoretical underpinning for these goodies anyway?
Is it because the prospective business believes that existing taxes here are too high? If so, why not just reduce taxes on everyone (big and small employer alike) to a level that provides equal incentive for all to locate, or increase employment, here.
Is it simply to drive employment and up the tax base? If so, why is it only available to big business? Isn’t it actually better for the county to have 10 employers each creating 10 new jobs than having one employer creating 100? Yet, the 10-person employer is completely shut out of the process. Is that because there is no skybox access possible there?
Who does the Chamber of Commerce really represent? Big and small business? And, what is the Development Authority of Cobb County really promoting? Let’s work on a better business environment for all and not just for the favored few.
Sometimes one has the distinct impression that the apparatchiki would much prefer the “Chinese Model” of capitalism. So efficient — and profitable — for those in the know.
T. Tucker Hobgood
Hobgood & Rutherford LLC