Corporate Welfare
August 22nd, 2010 |
by Brian Costin |
published in
Blog, Corporate Welfare
13 alarming facts about the Schaumburg Flyers and the Village of Schaumburg’s relationship revealed in an audit performed by the Schaumburg Freedom Coalition.
August 22nd, 2010 |
by Brian Costin |
published in
Blog, Corporate Welfare, Features
Why have Village officials looked the other way for the last 9 years, and perhaps longer, while the Schaumburg Flyers repeatedly defaulted on their obligations to the taxpayers?
March 28th, 2010 |
by SFC |
published in
Blog, Corporate Welfare, Features, Transparency
“I would not take such campaign donations,” Costin said. “We have a very different code of ethics and there’s a big difference between how he runs the village of Schaumburg and how I’d run it.”
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.
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.
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.
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”.
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.
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!
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?
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.
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.
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.
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.
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.