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The beauty of owning my own business is I chose what I invest in, and being a smart business person would chose to participate in such an event for the return on investment. I expect some people to never contribute to anything and still benefits from my investment. That is just another part of being a business owner that I expect. Besides it would give me a good business expense or donation depending on how the event turned out to write off.
I don't think you can FORCE a business to chip in for a city event.
The gov't can do what it wants. The city could create a special "urban renewal zone" or similar and assess fees to any business in that area.
I'm glad Raleigh decided not to subsidize the event, although the suggestions for a nominal admission may have generated enough revenue to offset the costs.
I quickly checked out a handful of other states on your little debt clock and I failed to find one with a lower "debt to gdp ratio" than NC. I didn't check every state mind you, but I did look at a few. I'll keep looking to see if I can verify your claim.
This is sad to see because they started this the year my wife and I moved here and I liked the idea of it continuing every year after. Hopefully it will return next year.
The gov't can do what it wants. The city could create a special "urban renewal zone" or similar and assess fees to any business in that area.
I'm glad Raleigh decided not to subsidize the event, although the suggestions for a nominal admission may have generated enough revenue to offset the costs.
You're thinking of a "Business Improvement District", of which there is already one in downtown Raleigh. If I remember correctly, there's around 100 already in the state.
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