CORPORATE WELFARE

One of life's two certainties, death and taxes, has been taken away for up to 30 years to attract an industry to Saline County.
The Saline County Commission Tuesday approved, on a 2-1 vote, a tax abatement agreement lasting up to 30 years for Mid-Missouri Ethanol, which plans to build a 40-million-gallon ethanol plant near Malta Bend.

The agreement will excuse the corporation from paying taxes until Dec. 15, 2033, or until it buys all $62 million of the Chapter 100 bonds back from the county.

http://www.marshallnews.com/story/1040067.html

Is this wholesale looting of Saline County taxes for the Malta Bend plant in store for residents of Webster County?
That's 30 years of huge tax breaks to a faceless corporation. Taxes that would have went to public entities such as the school district and the county roads will not be paid. Instead, that purloined money will help fatten the bottom line of the Rogersville ethanol plant and used to pay huge bonuses to the owners. In other words, the citizens of Webster County will have to pay for the "right" of having their water and air polluted. And when the Ozarks Aquifer can no longer support the ethanol plant or ethanol plants are no longer viable, the owners of this obscenity will declare bankruptcy and walk away with millions of dollars.
And probably leave the heavily contaminated site as is for TAXPAYERS to clean up with their money.