Wal-Mart Has Colorado Community Over the Barrel

Opponents took another shot this week at a Wal-Mart Supercenter proposed for Southwest Denver. In a report culled from recently released documents, the Front Range Economic Strategy Center said the project could result in Wal-Mart reaping up to $25 million in sales tax reimbursement - more than double the amounts that have been reported thus far.

Even though the project will occur in a redevelopment zone, it does NOT make sense to give Wal-Mart a subsidy of that order to locate. It is projects like this that hurt those that make legitimate use of economic development incentives.

The truth is that Wal-Mart is being subsidized in most places where it is building stores, which is crazy.

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