Quote:
Originally Posted by TallBob
The developer of the Abbot project is being subsidized with city, state and federal money! One of the reasons that money is available is to offset costs.... Such as propery taxes, along with costs of possible environmental issues, ect. Otherwise some of these typs of developements wouldn't see the light of day. And if I sound like a broken record about taxes.... Well, they are high on assestment rates. These taxes don't have the affect on prjects like this or much larger ones, but it's the small buisness property owner or the home owner that feels it the most!
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So the government is paying them a subsidy so the developers can give it back to them for property taxes?
Something tells me you don't know what you're talking about. If you're in favor of lower property taxes for homeowners and small businesses that's fine, but how is that relevant in this thread?