I like that Bloomberg put out this story about Austin residents up in arms over $64 million in city tax subsidies to corporate retailers via mall giant Simon Property Group.
The prevalence of locally owned small businesses is part of the uniqueness celebrated by the Keep Austin Weird movement, including the Cathedral of Junk, Ginny’s Little Longhorn bar and the Museum of Natural and Artificial Ephemerata.
The mall has already been built, so it seem unlikely the backlash will succeed. But there’s not enough reporting on the corporate welfare out there, especially the kind that hurts small businesses, so thanks to the Berg.
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