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Metropolitan DC Local Politics
Reply to "DC Spending $6M in tax credits on a community hospital...in Los Angeles."
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[quote=Anonymous][quote=Anonymous]It's not money, they are tax credits. New Markets Tax Credits are very complex. It looks like the Strand couldn't figure it out. Whose fault is that?[/quote] Yes, far too complex for our little city to figure out. Apparently LA is all over it because they are a big "real" city. It is the entire local city government's fault, but not really, because if you look at the history of the Strand Theater, everybody is making money off of this interminable project. Why wind it up and close out the money train?[/quote]
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