<body><script type="text/javascript"> function setAttributeOnload(object, attribute, val) { if(window.addEventListener) { window.addEventListener('load', function(){ object[attribute] = val; }, false); } else { window.attachEvent('onload', function(){ object[attribute] = val; }); } } </script> <div id="navbar-iframe-container"></div> <script type="text/javascript" src="https://apis.google.com/js/platform.js"></script> <script type="text/javascript"> gapi.load("gapi.iframes:gapi.iframes.style.bubble", function() { if (gapi.iframes && gapi.iframes.getContext) { gapi.iframes.getContext().openChild({ url: 'https://www.blogger.com/navbar.g?targetBlogID\x3d31404939\x26blogName\x3dKeep+your+cool\x26publishMode\x3dPUBLISH_MODE_BLOGSPOT\x26navbarType\x3dSILVER\x26layoutType\x3dCLASSIC\x26searchRoot\x3dhttps://keep-your-cool.blogspot.com/search\x26blogLocale\x3den_US\x26v\x3d2\x26homepageUrl\x3dhttp://keep-your-cool.blogspot.com/\x26vt\x3d-315238319528158091', where: document.getElementById("navbar-iframe-container"), id: "navbar-iframe" }); } }); </script>

flickr

Abuse of Katrina recovery zone tax breaks

Monday, August 13, 2007

As usual there seems to be no oversight on tax breaks for the rich.

Tuscaloosa, Ala which is 200 miles from the ocean is part of Gulf Opportunity Zone Act of 2005 which is meant to stimulate construction in the storm damaged areas. So rich people are throwing up million dollar condos and receiveing huge tax breaks because of it.

Never mind Tuscaloosa only received heavy rains and a little bit of heavy wind damage.

Here's the whole story.

This entry was posted on Monday, August 13, 2007 at 10:27 PM. There are . If you want, you can leave your own response by clicking here. You may also send this post to a friend of yours via email, or bookmark it for yourself by using icons below;

Bookmark this post to del.icio.us Digg this post! Bookmark this post to Yahoo! My Web Bookmark this post to Furl

Designed by iFrame and Blogger Templates. | Powered by Blogger | Keep your cool © 2006