CRA Just Corporate Welfare

Government

BY SRQ DAILY SATURDAY PERSPECTIVES EDITION SATURDAY SEP 26, 2015

I was involved in promoting the extension of the CRA over the years. I say hurray for the end of a form of corporate and wealthy welfare. In reality it should have never been done in the first place. Downtown property owners and residents, in one of the richest zip codes in America, failed to be competitive, cried on government’s shoulders to subsidize them and called them entitlements, all the while taking tax money while complaining about government waste and high taxes. As most of us bemoan the loss of any kind of welfare that benefits us, it would be a godsend to have a reality-based analysis of all the forms of welfare the government is involved in, i.e. Corporate, Tax breaks for the wealthy, etc. versus welfare for the needy. Nobody knows and nobody wants these facts factually presented because all of our oxes would be gored.

Bob Richardson, Sarasota

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