How come LA's officials ask so little for their favors?
It is amazing how little the large developers have to pay to City of Los Angeles elected officials in order get enormous tax breaks and benefits. You would think they could at least model themselves after U.S. friendly third world dictators, like Indonesia's Sukarno, and ask for the standard kick back rate of 10 percent. According to the Los Angeles Times, Anschutz Entertainment kicked in $19,000 to the Mayor's election campaign for a second term after they received $270,000,000 is tax breaks for the LA Live entertainment complex. Not too away, at the north end of the downtown, a $10,000 contribution to the Mayor from the Related Companies was not a bad investment for a $120,000,000 City subsidy to Eli Broad's pet Grand Avenue project. There is a unstated moral to this story, however. The next time someone complains that Los Angeles is in financial straights because of employee salaries, you might call their attention to the details below. These subsidies, by the way, f...