How obscure tax breaks make wealthy developers richer, and strangle struggling communities
How obscure tax breaks make wealthy developers richer, and strangle struggling communities

How obscure tax breaks make wealthy developers richer, and strangle struggling communities

Thandiwe Beloved Aca

25 min
News
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Tax breaks such as TIFs, PILOTS, Brownfields Credits, Enterprise Zone Tax credits are used by corporate developers across the country to defer millions worth of property taxes for decades while working class property owners pay the full tax rate. TRNN reporters Taya Graham, Stephen Janis, and longtime Baltimore reporter Jayne Miller take a deep dive into this wealth creation mechanism that remains out of the hands of the people and leaves city taxpayers on the hook.<br /><br /><b>Help us continue producing radically independent news and in-depth analysis by following us and becoming a monthly sustainer: </b><br /><b><br />Donate: <a href="https://therealnews.com/donate-pod" target="_blank" rel="noreferrer noopener">https://therealnews.com/donate-pod</a></b><br /><b>Sign up for our newsletter: <a href="https://therealnews.com/newsletter-pod" target="_blank" rel="noreferrer noopener">https://therealnews.com/newsletter-pod</a><br /></b><br /><b>Like us on Facebook: <a href="https://facebook.com/therealnews" target="_blank" rel="noreferrer noopener">https://facebook.com/therealnews</a></b><br /><b>Follow us on Twitter: <a href="https://twitter.com/therealnews" target="_blank" rel="noreferrer noopener">https://twitter.com/therealnews</a></b>

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