the_falconator t1_it4kqju wrote
Reply to comment by LouSpudol in $29 million tax treaty for 'Superman building' in Providence moves closer to approval by cowperthwaite
No. We are giving them $29 million off of taxes owed on the value of the building after renovation, which still results is higher revenue than what is being received now. Think of it as 50% of $1 rather than 100% of 25 cents.
Viewing a single comment thread. View all comments