S. 4900 – Taxpayers Rushing in Where Investors Fear to Tread: NO
September 30, 2022
S. 4900 – Taxpayers Rushing in Where Investors Fear to Tread: NO. I am highly skeptical of pilot programs that are automatically extended without proving their worth, and taxpayer grants to businesses where private investors are unwilling to risk their own capital. Finally, the increasing financial entanglement between businesses and government is unhealthy in a free society and is a breeding ground for corruption, political favoritism and misallocation of resources. For all these reasons, I am a no vote.