Submitted by Ph886 t3_11nzf2m in providence
Proof-Variation7005 t1_jbt1bca wrote
Reply to comment by diskimone in Fane Tower project in Providence is dead by Ph886
A tax break doesn’t mean $0 in property tax. And residents who work for an out of state job still pay income tax. They still buy things and pay sales tax. They still patronize local businesses.
Right now, the city and state are on like year 12 of making $0 off that land. This project dying guarantees another 5+ years of that.
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