Submitted by Beezlegrunk t3_xt1llo in RhodeIsland
LTG-Jon t1_iqoho1k wrote
Reply to comment by hcwhitewolf in City tax break for ‘Superman’ building would total $29 million by Beezlegrunk
Or it could be that the net gain without the break would be $0.
I don’t like giveaways to developers, but from the point of view of the city, increasing revenue by $11 million looks like a good plan.
gusterfell t1_iqou8lc wrote
So many people think giving a developer a tax break costs the city money. If the break is necessary for the development to get built, it means the city gains money.
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