Elvis & Corporate Welfare

The dirt-poor city of Memphis is giving tax breaks to Graceland.

“So why, you might ask, is a city that regularly ranks among the nation’s poorest giving several hundred million dollars in tax breaks to a long-dead rock star’s house museum where the cheapest ticket costs $41?”

— “This Has to Be One of the Most Ridiculous Corporate Welfare Deals in Quite Some Time,” Henry Grabar, Slate

 

Video: “Money Honey,” written by Jesse Stone, recorded by Elvis Presley, 1956.

_____________
Short link: https://wp.me/p6sb6-t39

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

Add to: Facebook | Digg | Del.icio.us | Stumbleupon | Reddit | Blinklist | Twitter | Technorati | Yahoo Buzz | Newsvine

Tags: , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: