Wednesday, September 17, 2008

Stop Domain Subsidies - Event Saturday

Schedule, RSVP and more info here.

Political Action Art Auction! Fire Dancers! South Austin Jug Band! Maybe all 3 at once!

2200 S. Lamar
Saturday, Sept. 20, 5 to 9 pm.

Here's the nutshell. The city of Austin hastily made a bad deal to use our money ($65 million) to subsidize a humongous shopping complex composed of high-end chain stores. These compete directly with local businesses, who are not getting this kind of sweet deal. This is from the Stop Domain Subsidies page:
AUSTIN VOTERS — Did you know that the City of Austin is set to voluntarily start giving Simon Properties $65 million in sales and property tax rebates for The Domain luxury mall in NW Austin!?

Nearly 500 local businesses, together with 27,000 voters who signed petitions, have called for a vote this November to put the brakes on tax giveaways that undermine local business and raise the cost of living in our beloved city of Austin.
Austin-based businesses have joined together with community leaders and citizens to stop the City of Austin from giving $65+ million in tax subsidies to the Domain Mall in NW Austin.

More about The Domain subsidies deal in these short vids:

Vote for Prop 2 in November, and stay weird.

1 comment:

Mariamariacuchita said...

More money for the rich so that the rich can shop more.