07/15/2026
This past Monday, the Town Council of Speedway voted to grant Coca Cola a $900,000 tax abatement over the next four years in exchange for $91,000 to improve Georgetown Road and 16 jobs.
This decision represents a clear priority of the council: Big Business gets tax breaks while residents pay more taxes for infrastructure to support big business.
This $900,000 could have gone toward improving our stormwater collection system or improve our wastewater treatment facility. It could have gone toward reducing trash collection fees or building bus station shelters. But no it went directly into the pocket of a multi-billion dollar company.
There is a reason CNBC just ranked Indiana as one of the worst states to live but one of the best states for [big] business owners. It’s because of decisions like these that raise the cost of living for hardworking residents but cut taxes for the rich and business owners.
https://www.cnbc.com/amp/2026/07/11/worst-states-to-live-in-america-2026.html
Indiana ranked among the 10 worst states in the country in quality of life but among the top 10 for business, according to CNBC. ⤵️ Find a link to the story in the comments.