Tax Breaks For Tech In The District + Controversy At The Corcoran




WAMU-FM: WAMU: The Kojo Nnamdi Show Podcast show

Summary: <p>TAX BREAKS FOR TECH IN THE DISTRICT: It's the holy grail for a region aiming to develop a tech sector: a homegrown start-up skyrocketing to success. LivingSocial is now a big fish in the tech pond, and the District is offering a $32.5 million tax deal to keep them here. Critics say it's a giveaway with no guarantees for the city, while others say it's key to nurturing the industry. And the debate won't end with LivingSocial — the D.C. Council votes Tuesday on a bill offering help and other tax breaks to tech start-ups. (27 min.) CONTROVERSY AT THE CORCORAN: Concerns over money and gallery space have leaders at the Corcoran Gallery contemplating a move away from the District. The city's oldest private museum owns a world-class collection of American art and runs an art school in its historic beaux arts building across the street from the White House. But last month its board moved to put the building on the market. We examine the controversy at the Corcoran. (23 min.)</p>