4 ms·

So 40 million per year? That does not sound like much..

• tyingq 6y ago
  "which essentially means that Samsung demands a 100% tax abatement from the county and 50% from the city." So the figure couldn't really be much larger.
  • WillPostForFood 6y ago
    50% tax abatement for 5 years from the City (which has a ~50% higher tax rate than the county). I can think of a lot of ways it could be much larger. How about 100% abatement for 5 years? 50% abatement for 20 years? 100% abatement for 100 years?
    • tyingq 6y ago
      "50% abatement for 20 years?" The article reads like that's what they are asking for from the City.
      • WillPostForFood 6y ago
        They are asking for 50% for 5 years for the city (which has a higher tax rate), and 100% for 20 years for the county (which is a smaller govt entity with a lower tax rate).