This is the Insurgent Radio Kiosk for Thursday, November 28th
Breaking news: Donald Trump has inadvertently said something true!
He recently exulted that his special tax incentives to spur investment in poverty projects have gone “beyond anything that anybody… even thought.” So true! His “Opportunity Zone” tax breaks are financing such “anti-poverty” projects as a Superyacht Marina on the toney waterfront of West Palm Beach, Florida. Who would’ve thought?
Named Rybovich, this project is a “luxurious resort-style” marina that will accommodate the $100-million, football-field-sized yachts of the superrich. Not your typical poverty zone. It’s being developed by Wayne Huizenga Jr., – the politically-connected billionaire who inherited a fortune last year from his father, a corporate baron who had owned Blockbuster Video and was a major donor and plutocratic pal of Donald Trump. Father and son were also big money backers of Rick Scott, the notoriously sleazy Republican governor of Florida, who had authority under Trump’s Opportunity Zone program to designate which poverty areas were eligible for the multimillion-dollar tax subsidies. Obviously, an opulent superyacht marina does not qualify.
But… money talks. Huizenga Jr. simply asked his buddy the governor to give the tax break to him, and – shazam! – Scott waved his magic gubernatorial wand and transformed the posh marina into a poverty zone – an area in which Huizenga himself had just bought a $5-million house. The tax subsidy he’s been given could cover the cost of that house – but we won’t know, since Trump’s law requires no discloser of who gets how much of a tax handout.
Even more disgusting is that, since the law limits the number of Opportunity Zone projects, slipping in the Huizenga’s luxury Marina meant that an actual poverty-stricken area in Florida got rejected by the governor. Plutocracy in Action.
“A Trump Tax Break To Help The Poor Went To a Rich GOP Donor’s Superyacht Marina,” https://www.propublica.org/article/superyacht-marina-west-palm-beach-opportunity-zone-trump-tax-break-to-help-the-poor-went-to-a-rich-gop-donor?utm_source=pardot&utm_medium=email&utm_campaign=dailynewsletter, November 14, 2019.
Hightower’s commentaries are brought to you by The Hightower Lowdown, the monthly newsletter with Hightower’s take on what Wall Street and Washington are up to. For information, visit hightowerlowdown.org.
It’s This Weekend’s Action Calendar!
Come celebrate Madison’s 23rd Fair Trade Holiday Festival from 8 a.m. to 3 p.m. tomorrow, Saturday, December 7th, at the Monona Terrace Convention Center, One John Nolen Drive. Everything from chocolate and coffee to jewelry, home decor and clothing will be available for a festive day of shopping. Free admission. Visit fairtrademadison.org for information.
Learn about the effigy mounds in the UW Arboretum on a free guided walk from 1 to 3 p.m. on Sunday, December 8th. The Arboretum contains rare effigy mound groups. This walk will feature the mounds in the Wingra and Gallistel Woods. Meet at the Arboretum Visitor Center, 1207 Seminole Highway. Phone 263-7888 for information.
Are you a local news junkie? Put it to good use by joining the WORT news team as a reporter. WORT’s 6 p.m. news broadcast needs volunteers to report stories of local interest. No journalism experience needed. WORT will provide training. The ideal candidate will be open-minded, curious, meticulous and a bulldog about nailing the facts. Being comfortable working on deadline is also critical. Shifts are available on Mondays, Tuesdays, Wednesdays and Thursdays from approximately 11 a.m. to 6 p.m. For more information, call the station at 256-2001 and ask for Interim News Director Chali (SHAH-lee) Pittman.
The Insurgent Radio Kiosk welcomes your commentaries on subjects of interest to the W.O.R.T. listening community. Commentaries are limited to two minutes. If you’d like to do a Kiosk commentary, visit wortfm.org/kioskcommentary.
The Kiosk is available online at wortfm.org/kiosk.
This has been the Insurgent Radio Kiosk heard weekdays at 5:00, 6:30 and 9:00 AM and at 2:00 PM. I’m Greg Geboski. Submit announcements at least ten days in advance of the event at wortfm.org/kiosk/announcements.