1 month ago
Last night, I delivered remarks about Medline’s proposed package of tax breaks. In their own application to the Montgomery IDA, Medline shares that WITHOUT any tax breaks, they still plan to net - profit - $74,804,000 in just the FIRST YEAR.
And, by the way, Medline just received ten, full years of tax breaks for the warehouse they’re proposing to leave. It’s no coincidence that, just as these tax breaks are about to expire, they pick up their stakes, propose moving to a new site, and apply for a whole new round of tax breaks. This is nothing short of a scam.
Make no mistake, this is not a company that requires incentives. This is all about pure, disgusting corporate greed on the back of Montgomery’s taxpayers.
Before there is any further consideration of the project’s merits, I urge the planning board and local elected officials to relay one loud, clear message to Medline: pay your damn taxes!
Photo📷: Kelly Marsh for the Times Herald-Record