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Abatements useful tool for communities

April 13, 2014
Steve Schulwitz , The Alpena News

ALPENA - Tax abatements are a useful incentive to offer potential developers, or existing businesses wanting to expand. By easing the tax burden of businesses owners, it often allows them to invest more into their stores, shops and factories. Incentives often are approved in hopes jobs will be created and the tax roll will be increased once the abatement expires.



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