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New Helping the poor, Republican style

The Rybovich superyacht marina lies on the West Palm Beach, Florida, waterfront, a short drive north from Mar-a-Lago. Superyachts, floating mansions that can stretch more than 300 feet and cost over $100 million, are serviced at the marina, and their owners enjoy Rybovich’s luxury resort amenities. Its Instagram account offers a glimpse into the rarefied world of the global 0.1% — as one post puts it, “What’s better than owning a yacht, owning a yacht with a helicopter of course!”

Rybovich owner Wayne Huizenga Jr., son of the Waste Management and Blockbuster video billionaire Wayne Huizenga Sr., has long planned to build luxury apartment towers on the site, part of a development dubbed Marina Village.

Those planned towers, and the superyacht marina itself, are now in an area designated as an opportunity zone under President Donald Trump’s 2017 tax code overhaul, qualifying them for a tax break program that is supposed to help the poor.

Then-Florida Gov. Rick Scott bestowed the tax break on the marina after a direct appeal from Huizenga Jr., according to a 2018 letter Huizenga Jr. wrote that was obtained by ProPublica. Huizenga and his family have been major donors to Scott. Even though the opportunity zone program is supposed to subsidize only new investment, Huizenga cited the already-planned Marina Village in his appeal to Scott.




https://www.msn.com/en-us/money/markets/a-trump-tax-break-to-help-the-poor-went-to-a-rich-gop-donors-superyacht-marina/ar-BBWKjFx?li=BBnbfcN&srcref=rss&ocid=iehrs




Satan (impatiently) to Newcomer: The trouble with you Chicago people is, that you think you are the best people down here; whereas you are merely the most numerous.
- - - Mark Twain, "Pudd'nhead Wilson's New Calendar" 1897
New you are from chicago and you are surprised? why?
"Science is the belief in the ignorance of the experts" – Richard Feynman
New never said I was surprised
just pointing out how corrupt the Trump administration is and wondering how corrupt do they have to be so that 60 million Americans understand that they voted for a major grifter.




Satan (impatiently) to Newcomer: The trouble with you Chicago people is, that you think you are the best people down here; whereas you are merely the most numerous.
- - - Mark Twain, "Pudd'nhead Wilson's New Calendar" 1897
     Helping the poor, Republican style - (lincoln) - (2)
         you are from chicago and you are surprised? why? -NT - (boxley) - (1)
             never said I was surprised - (lincoln)

Yeah, let's watch the lamp. It's more fun and less predictable.
32 ms