3 Economic Impacts to City of New London, Post-Kelo.

• The land taken for the infamous Kelo case, remains largely undeveloped and thus not an increased tax revenue source
• The job creator, Pfizer, left before its property tax exemption expired, and would have increased its taxes by 400%
• New London lost 1,500 jobs when Pfizer left

Legal Solutions via Reuters | TODAY IN 2005: SCOTUS DECIDES KELO V. CITY OF NEW LONDON