Tag Archives: fedex

Video: HBO’s John Oliver Mocks Fargo’s Decision to Give Economic Incentives to FedEx

Video: HBO’s John Oliver Mocks Fargo’s Decision to Give Economic Incentives to FedEx

The City of Fargo made a big mistake when they agreed to FedEx $660,000 in tax incentives to move a facility to their community from Grand Forks. Not only was this a problematic move given that Fargo was essentially using economic development largess to poach a company from another North Dakota city (yes, that’s exactly

Controversy Over Fargo’s FedEx Tax Break Shows Need for Reforming Economic Incentives

Last night Fargo City Commissioner Tony Gehrig lost his push to rescind over $600,000 in property tax incentives granted to parcel delivery giant FedEx after the company announced they were moving some of their operations to that city from Grand Forks. Gehrig may have lost that vote, but the last laugh may yet be his. When Gehrig got

Ban Tax Breaks for Businesses Moving Within the State

“Lawmakers should ban incentives for companies that move from one North Dakota community to another—because when it comes to within-the-state shifts, incentives always wind up with this result: Taxpayers lose,” writes Tom Dennis in an editorial for the Grand Forks Herald today. He’s right. [mks_pullquote align=”right” width=”300″ size=”24″ bg_color=”#ffffff” txt_color=”#000000″]Do we really want to open the

Fargo and FedEx Are Between a Rock and a Hard Place on Property Tax Exemption

Earlier this week I wrote about the City of Fargo giving FedEx a $660,000 property tax exemption (here’s a summary) for a new facility they’re building at the airport there. The commission approved the exemption despite a representative for the company telling city commissioners that the company would build the facility without it. It seems

The Fargo City Commission Just Gave Away $660,000 in Tax Incentives for No Good Reason at All

Last night the Fargo City Commission met and voted to approve a property tax exemption worth $660,000 over ten years for FedEx which is building a facility in the city after announcing that they’d be leaving Grand Forks. The move was already somewhat controversial – Grand Forks city leaders are wondering if this was an