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If you think that attracting high numbers of highly educated and wealthy people into a moribound city is not going to increase property taxes and the existing t
by jimmywanger 9y ago
If you think that attracting high numbers of highly educated and wealthy people into a moribound city is not going to increase property taxes and the existing tax base, I don't know what to say, especially since you (or anybody outside of Philly or Amazon) know what the concessions are, I don't know what to say.
If the concession was only to take 1% off the tax bill for Amazon, it'd definitely be a good idea. If it was to rescind taxes in all perpetuity and give massive development credits, it would probably be a bad idea. Now it's all down to negotiation.
- OrwellianChild 9y agoIn the spirit of a constructive dialog, why is this getting downvoted? @jimmywanger is making good points that address the real, positive impacts of attracting an HQ2-level project.