The MN Senate Rules Committee held a hearing this afternoon where they discussed which committees the Vikings stadium corporate welfare bill should pass through on its way to the Senate floor (should it make it that far). The five minute exchange below highlights how easily the Senate can give away more than $13 million of the public’s money to a businessman in New Jersey.
Sen. Rosen’s construction material tax exemption projections:
I don’t know about you, but when I go to my local hardware store to buy materials to work on my own house, I pay taxes. Why shouldn’t the Vikings? In fact, the taxes I pay for construction materials on my own home would include a .5% sales tax (the Minneapolis sales tax that goes toward construction and 30+ years of operating costs at the stadium) to subsidize Zygi World.
So, Sen. Rosen doesn’t want the bill to pass through the tax committee. A bill that gives away $13.78 MILLION dollars in taxes wouldn’t pass through the tax committee? Seems a little strange, eh? Senator Thompson explained why to Tom Scheck on Twitter:
In an attempt to provide the largest corporate welfare project to a sports team in state history, Senator Julie Rosen is working to bypass the legislative process on behalf of a private business owned by a guy in New Jersey. Since the Senate Tax Committee wouldn’t pass the $13.78 million giveaway to Zygi Wilf (based on Sen. Thompson’s tweet) this year, Rosen can table that particular giveaway for this year, then work to get Zygi his bonus wilfare next year.