Quote:
Originally Posted by GH85Carrera
It would be interesting to see the property tax bill on that place. Since my house is paid for, we get a bill from the county every year just for the honor of living here. Our property is just a tad under 4.99 billion less expensive.
Just what do they pay, likely nothing on the same scale as other building in the area.
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I know they have some tax incentives. It can make sense to do so.
If they give 10 million in incentives, but is grows the tax base of new business by 50 million it is a good move.
We have a Goodyear plant in Lawton. About 2500 high paid employees. Another 1000 or so is support business. Over the last 40 years the state and city has given Goodyear about 100 million in tax incentives for expansions to over 60,000 tires a day. The local and state revenue stream has grown by the billions because of the plant.
Tulsa offered Tesla big incentives in an attempt to get the pick up truck plant. They lost this round but you can be sure they will do the same for any huge job creating opportunity that comes a knocking.