Yesterday’s Washington Post noted that Whole Foods is demanding $8 million in tax breaks to open a new store in Southeast D.C. At the time of D.C.’s worst budget crisis in decades, a company that had a 61% increase in profits for the first quarter of this year and more than $9 billion in sales last year is telling us they need D.C. government funds more than children and the needy.
There has been outrage across America over government handouts to banks and large corporations. Funding to save failing companies has been derided as “socialism”. But where is the outrage when a large profitable and successful out-of-town company demands tax breaks in order to do business with D.C. residents?
Whole Foods clearly doesn’t need our help, especially when we are cutting back in every area of government spending. Let’s use our limited and precious public resources to help those that need it most, rather than padding the bottom lines of huge corporations.
At times like this, everyone should share in the sacrifice. Including the very profitable Whole Foods. After all, that's the right thing to do.