#degc

That Ford, with $16.7 billion in cash on hand, per its last earnings report, can ask a city that emerged three years ago from bankruptcy to forego future tax revenue is astounding. And it should be ironclad proof that tax incentives, the routine granting of same, the accompanying song-and-dance that justifies them and the lens through which we view development is more concerned with scoring high-profile wins than making sustainable progress toward a healthy city and state. The rest of the tax incentives Ford is seeking would come from the state (also facing a deficit), Wayne County (still recovering) and the public schools (where to even start?). Detroit should call Ford's bluff. Instead, city officials are greasing the wheels for Ford's  request. Underscoring how farcical this process has become, city officials say the first round of tax breaks must be OK'd by Oct. 16, lest the vacant-since-1988 train station fall into worse disrepair. The Detroit Economic Growth Corp., the city's economic development arm, says work at the train station won't begin if the incentives aren't approved. These are what we call high-pressure tactics.

#Detroit #Artist, #Big in #Moscow!

New plan to preserve and expand Detroit Riverfront access

during the next days and weeks I will post my chapters of my german fic here. One of them once a day.