Cupertino Approves New Apple Spaceship HQ
mrspoonsi writes with news that Apple's plan to raze the old HP headquarters and replace it with some kind of space ship is moving forward. From the article: "A little over two years since Steve Jobs presented his case for it and after the occasional setback, the Cupertino City Council has finally given Apple full approval to go ahead with its futuristic campus. In exchange, Apple has agreed to fork over more money to the city in the form of a reduced sales tax rebate — going forward, Cupertino will only give back 35 percent sales tax instead of the 50 percent it had previously. Indeed, as soon as Apple gets its final permits some time today, it can begin demolishing the former HP headquarters and start building its own."
I think courts should strike down these special tax deals as a violation of the equal protection clause.
Considering the courts have said it's perfectly legal for the government to force people to hand over their money to private companies or have the money extracted from their bank accounts, I can't see a scenario where these same courts would say it's illegal for a community to put taxpayers on the hook for the lost taxes.
We will bankrupt ourselves in the vain search for absolute security. -- Dwight D. Eisenhower