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by nonethewiser
66 days ago
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Purposefully misleading or just misinformed? There is one permanent job being created, but that's not what the tax break is for. Cities offer tax breaks because there are other advantages. Vendor services, long term tax base (largely through property tax), infrastructure improvements (grid capacity, fiber, etc)and temporary construction work. You might say the temporary construction work is worth very little, but then you have to recognize much of the tax breaks are bound to the temporary construction phase as well. We can weigh the pros and cons but this article is not doing that. |
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