The Congressional Budget Office has estimated that the House legislation would deny benefits to 3.8 million Americans next year and save $39 billion over 10 years, or roughly 5 percent of the SNAP program’s cost in that time. Enrollment doubled to 47 million in the wake of the Great Recession as incomes plummeted and more Americans qualified for benefits, which average $133 per month. Most beneficiaries are children, elderly or disabled.
Buffalo’s Delaware North is estimated to earn about $2.6 billion this year. The Buffalo News writes that Delaware North is looking to move its downtown Buffalo headquarters a few blocks over,
Delaware North is asking for an exemption of $807,000 in sales tax for building materials, but it has been questioned by some critics because Delaware North is a global company with $2.6 billion in revenues. However, Richard M. Tobe, deputy county executive and chairman of the ECIDA’s Policy Committee, noted Thursday that the request is consistent with what ECIDA typically approves.
But the larger plan has faced heavy opposition because of the unusual nature of the tax assistance that Uniland, in particular, is seeking. Besides sales and mortgage tax breaks, the developer proposes paying full property taxes but diverting a significant portion of them to finance a five-level parking ramp and then getting reimbursed by the state because Uniland says the property qualifies for special brownfields credits.
Mayor Byron Brown and Representative Chris Collins wrote a letter together, urging the Erie County IDA to hook Delaware North up with some tax breaks:
So, Chris Collins opposes feeding the poor, but supports tax subsidies for billionaires to relocate to a new building a few blocks away, under threat of departure.
Frankly, I think it would be tragic to lose Delaware North, but the chutzpah here is unbelievable. He’ll shut down the government to make sure you can’t get affordable, quality health insurance and then pretend he didn’t do just that. He’ll take food from the hands of the underprivileged and poor to help subsidize a billionaire.
$807,000 is 0.031% of what Delaware North pulls in per year. These tea party princesses all think that charity should replace welfare. Maybe Collins can cover this out of his own pocket.