Montgomery County doesn’t have enough money to honor its contracts to police officers, firefighters and general government workers, so how can they “forgive” $450,000 in taxes that Lockheed Martin owes?
The County Council will hold a hearing on Sept. 21 to review a bill recommended by County Executive Ike Leggett and introduced at his request by Council President Nancy Floreen to allow Lockheed Martin to skip out on the $450,000 it owes in lodging taxes. The company already slipped through forgiveness for $370,900 in similar taxes it owed the state on an “expedited” bill that passed the last session of the legislature.
Here’s what Mr. Leggett had to say in a statement introducing the bill to the Council:
“In these challenging economic times, it is critically important that the County create an enabling business environment, that we identify and address unwarranted impediments to private sector growth, and that we help our companies be competitive in bidding on federal government contracts.”
Mr. Leggett’s compassion for a corporation that reported $45.2 billion in revenues in 2009 and paid its CEO more than $42 million is remarkable.