Sometimes Christmas comes a bit late. And sometimes, in Google’s case, it just keeps on a comin’ for thirty years.
“Officials agreed to waive 100 percent of Google’s business property
taxes and 80 percent of its real-estate taxes for three decades.” or so the story goes. So, the new bar, if anyone is keeping score is 30-years tax free. That is where you start if you’re looking in North Carolina.
If all of this is so good, why not waive taxes for ALL businesses? Oh, that’s right, because we need business to pay taxes for things like police and fire. The difference here is that Google is more important than the jobs of the other companies already in Caldwell. More here. . . .