“I hope that after countless economic development corruption scandals that state and local governments are starting to realize that subsidizing billionaires to build anything is a fools’ errand,” said Ron Deutsch, executive director of New Yorkers for Fiscal Fairness, a group that, according to its IRS filings, provides advocacy “for lower and working class New Yorkers.”
“Whether it’s a stadium or a solar panel factory, we shouldn’t be using taxpayer dollars to fund the development desires and dreams of billionaires. In this big league development game, one thing is for sure: the billionaires win and the public loses,” he added.