The strange tale of a local council gouging its near-bankrupt major employer

I find this an amazing story: Local politicians want to remain popular with their rapidly growing population of increasingly wealthier voters and so rather than ding them for all the new municipal services these voters want and need, the local council ratchets up the tax bill on the municipalities single biggest employer the local paper mill. Meanwhile, the paper mill’s owner is scrambling to avoid bankruptcy. It asks the municipality for relief. It gets just that. A little relief. But not nearly enough.

Frantic to cut costs — Continue reading The strange tale of a local council gouging its near-bankrupt major employer