Berkshire Hathaway and government handouts
Reader comment on: Buffett Berkshire Shareholder Letter
Submitted by Ford Lacy (United States), Mar 5, 2013 17:18
according to the dallas morning news, the nebraska furniture mart is coming to a suburb of dallas. it has reached an agreement with a relatively small dallas suburb that has a value to the company from the suburb of over $800 million. it is a massive subsidy, and, of course, not uncommon in business development circles. wouldn't it be nice if local governments did not offer these types of subsidies and business had to stand on it own two feet?
Note: Comments are moderated by the editor and are subject to editing.
Comment on this item