Posts Tagged ‘public subsidies’

Elvis & Corporate Welfare

April 18, 2019

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.

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