Friedson’s Tax Cuts Come Back to Bite Him

Adam Pagnucco wrote a lengthy post about how Councilmember Andrew Friedson (D-1) is upset that the County Executive is proposing single-tracking the Purple Line to accommodate the Capital Crescent Trail in the other tunnel. It is indeed less ideal.

Except that Friedson is now reaping the results of his own actions. Earlier this year, Friedson vehemently supported legislation sponsored by Councilmember Hans Riemer (D-AL) to provide corporate welfare in the form of tax breaks for developments on Metro properties.

As County Executive Marc Elrich explained in his veto message, the property tax subsidies proposed for Grosvenor-Strathmore alone cost the county over $100 million in revenue. And that’s just one project and the start of the giveaway bonanza the Council insisted upon when it overrode Elrich’s veto.

Moreover, this is likely the first step, as ideas for providing similar subsidies on private property around Metro have been bandied about by both councilmembers and the Planning Board. Yet the Council seems much happier contemplating additions than subtractions to the budget.

The Council has also been busy reducing impact tax fees that go directly into the capital budget as part of its “no developer left behind during a pandemic” program. They may call it social justice but it sure looks like a giveaway to connected, wealthy interests known for generous campaign contributions.

It’s too bad that Friedson wasn’t around during the days of the U.S. House of Representatives Committee on the Post Office. Its members had two core beliefs: (1) stamp prices should never rise, and (2) the wages of postal workers should always go up.

I sympathize with Friedson’s desire for a two-track Purple Line and a separate tunnel for the Capital Crescent Trail. I just wish someone touted so often as a financial wizard would pay greater attention to the budgetary impact of his desire to engage in tax giveaways to developers on the Council’s other priorities.

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