A report released today identifies an estimated $52 million of tax dollars being diverted from local taxing districts to pay for government-selected projects with little economic benefit. Cato Institute Senior Policy Analyst Randal O'Toole wrote the report for the Idaho Freedom Foundation. The Cato Institute is a Washington, D.C.-based free market public policy research organization. “The report confirms Idaho's urban renewal districts are out of control, and the Legislature needs to act to fix the problem before it becomes even worse,” said Idaho Freedom Foundation Executive Director Wayne Hoffman/Idaho Freedom Foundation. More here.
Question: Do you agree with Wayne Hoffman that “Idaho's urban renewal districts are out of control”?