Quote:
Originally Posted by rcentros
A relatively small town in the Fort Worth area recently "paid" Farmer Brothers to move their headquarters from California to Texas. They gave them a ten year tax abatement.
|
A tax abatement isn't quite the same thing as paying them. That just means they gave them a reduction on their property taxes. If they brought jobs into the community, even for 10 years, it might be a good deal for all involved. It really depends on the details.
Barry