If Comcast can afford Disney, it can pay state, local taxes

[Pale Blue Dot]

http://www.philly.com/mld/inquirer/business/7976549.htm

Start with what's most glaringly obvious: Last week, Comcast offered to acquire Disney for the equivalent of $66 billion. How can a company with that kind of spending money ask taxpayers to help foot the bill for a fancy new edifice?

If you're just tuning in, that would be the result under Gov. Rendell's plan for a new "opportunity zone" at 17th Street and JFK Boulevard in Center City. Companies locating there would avoid paying state and local business taxes for up to 15 years.

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Comcast, Rendell said, has the potential to do for Philadelphia what Coca-Cola did for Atlanta.

I had a deja vu moment when I read that.

Back in September 2000, we quoted the then-new chief executive officer of a very hot new dot-com company called Verticalnet, in Horsham.

[Tandalayo_Scheisskopf]

1. Comcast recently raised its rates.

Again.

It is time for politicians to get their thumbs out of their cloacal vents and do something serious about this company and their rate structure.

Not that I have television. I don't. $49.00+ a month, to Comcast, I cannot afford.