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Corporate Welfare

Schaumburg Convention Center Due a Serious Review

March 5th, 2010  |  by Brian Costin  |  published in Blog, Corporate Welfare, Features

The time is ripe for a top-to-bottom review of the convention center/hotel by a probing Village Board or independent citizen committee.

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Special Tax Break Shows Schaumburg’s Political Blight

December 17th, 2009  |  by Tim Costin  |  published in Blog, Corporate Welfare, Features

The secrecy, deception, and total lack of due diligence in the determination of this blight expansion is an outrage.

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Schaumburg to Give Developer Huge Property Tax Cut. Fair to Citizens?

December 1st, 2009  |  by Tim Costin  |  published in Blog, Corporate Welfare, Features, Taxes

Since the building was actually vacant for less than one year before the purchase on January 4, 2007, this building is not eligible for the 7B tax break.

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Career Education 7B Tax And Employment Analysis

November 30th, 2009  |  by Tim Costin  |  published in Blog, Corporate Welfare, Taxes

It is unlikely that the Career Education Corporation 7B redevelopment to meet the requirement being “reasonably expected to ultimately result in an increase in real property tax revenue and employment opportunities within the area”.

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Career Education 7B Government Assistance Analysis

November 30th, 2009  |  by Tim Costin  |  published in Blog, Corporate Welfare, Taxes

Career Education says they cannot relocate their headquarters to the vacant building at 231 N Martingale without a 60% property tax break for 10 years. This claim is weak and unsubstantiated.

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Career Education 7B Blight Analysis

November 30th, 2009  |  by Tim Costin  |  published in Blog, Corporate Welfare, Taxes

Due diligence by the Village is so perfunctory and meager that the Village Board and staff were not aware of what buildings were in their own Commercial Blight Area Resolution!

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Schaumburg Bureau President on Taxpayer-Financed Trip to Copenhagen

September 29th, 2009  |  by Brian Costin  |  published in Blog, Corporate Welfare, Features

Shouldn’t we be looking for ways to cut wasteful government spending and reducing the highest sales taxes in U.S. history rather than dreaming up additional ways to sink the local economy with additional tax burdens?

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Schaumburg Taxpayer Group Questions Municipal Parking Lot Expenditures

July 28th, 2009  |  by Brian Costin  |  published in Blog, Corporate Welfare, Features, Schaumburg Politics, TIF Property Taxes, Taxes

The Old Schaumburg Center parking lot plan is completely unnecessary, and an unfair advantage to a privileged few businesses at the expense of all other local taxpayers.

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Star Line TIF – $95 Million in Corporate Welfare

March 28th, 2009  |  by Tim Costin  |  published in Blog, Corporate Welfare, Features, TIF Property Taxes

If it were not for a Freedom of Information Act request, the Village of Schaumburg would still be hiding the $95,000,000 corporate welfare subsidy.

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Help Stop the O’Hare Airport Boondoggle!

February 19th, 2009  |  by Brian Costin  |  published in Blog, Corporate Welfare

We strongly oppose the taxpayer financing of the O’Hare Airport expansion. We oppose it for the same reasons we oppose the taxpayer financing of the expansion to Schaumburg Airport.

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Schaumburg Convention Center to lose $15.7 million in 2009

December 12th, 2008  |  by Brian Costin  |  published in Blog, Corporate Welfare, Features, Taxes

The Schaumburg Freedom Coalition has learned that in order to achieve even a modest $2.2 million dollar loss the Schaumburg Convention Center is commanding huge sums of taxpayer money to pad the books favoribly.

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Alexian/Taxpayer Field?

November 26th, 2008  |  by Brian Costin  |  published in Blog, Corporate Welfare, Taxes

With the taxpayer’s of Schaumburg funding millions of dollars for the local professional baseball team & stadium, we should at least recognize the taxpayer’s sacrifice in the renaming of the stadium to Alexian/Taxpayers Field.

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Time to cut taxpayer cord to Schaumburg Airport

November 24th, 2008  |  by Brian Costin  |  published in Blog, Corporate Welfare, Media Hits, Taxes, Transportation

Soaking the taxpayers again and again to operate and expand Schaumburg Regional Airport is exactly the opposite of smart planning for our village.

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Flyers’ Ehrenreich gets rich, taxpayers get soaked

November 24th, 2008  |  by Brian Costin  |  published in Blog, Corporate Welfare, Features, Media Hits, Taxes

There is no time like now for Schaumburg to end corporate welfare, sell the stadium and the surrounding land to the highest bidder, and recoup as much of the taxpayers’ expenses as possible.

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Something’s fishy with Sam & Harry’s

November 24th, 2008  |  by Brian Costin  |  published in Blog, Corporate Welfare, Taxes

Have you ever connected the dots between Sam & Harry’s Restaurant and the Schaumburg Village Board? We have.

From the September 21st, 2005 Daily Herald article entitled “D.C. steakhouse chosen for new hotel Schaumburg wanted restaurant that would attract residents,…

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