Showing posts with label NYC taxpayers will subsidize building of Ground Zero mosque. Show all posts
Showing posts with label NYC taxpayers will subsidize building of Ground Zero mosque. Show all posts

Friday, August 27, 2010

Getaway day news flash-NYC pol supports public financing of Ground Zero mosque. Political class doubles down.

"The Muslim center planned near the site of the World Trade Center attack could qualify for tax-free financing, a spokesman for City Comptroller John Liu said on Friday, and Liu is willing to consider approving the public subsidy.

  • The Democratic comptroller's spokesman, Scott Sieber,

  • said Liu supported the project....

The mosque's backers hope to raise a total of $70 million in tax-exempt debt to build the center, according to the New York Times.
  • Tax laws allow such funding for religiously affiliated non-profits if they can prove the facility will benefit the general public and their religious activities are funded separately."...
Mayor Bloomberg's company opens Islamic financing portal in Dubai
  • in face of "meltdown of western capitalism", 10/29/08
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