The Public Pays, the Corporation Profits: The Emasculation of the Public Purpose Doctrine and a Not-for-Profit Solution
Massive subsidies by state and local governments to private corporations for the purpose of inducing such corporations to retain or locate facilities in their respective locales are attracting greater public scrutiny. Commentators are beginning to question whether the public entity receives benefits anywhere near the value of the subsidy. In Virginia, where Governor George Allen proposed giving the Walt Disney Corporation $163 million in subsidies to establish a theme park, the public responded with bumper stickers that read "Virginia Pays-Disney Profits."
Dale F. Rubin,
The Public Pays, the Corporation Profits: The Emasculation of the Public Purpose Doctrine and a Not-for-Profit Solution,
U. Rich. L. Rev.
Available at: https://scholarship.richmond.edu/lawreview/vol28/iss5/5