Out of hand

Submitted by Dave Meyer on August 21, 2007 - 10:39am

This is getting ridiculous. The details on the tax breaks for Peabody seem to be getting worse and worse.

First, it was the use of severance tax cuts as an incentive, when the severance tax is one of the few ways "to compensate for the environmental, social and economic costs of coal mining." Now, it's cash advances that don't need to be repaid.

The Bridge has the LRC fiscal impact estimate.

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