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Tax Breaks For Businesses

Saturday, December 15, 2012

Niles Must Be Fair To Taxpayers, Schools, Business

It's good to encourage business, but Niles has to have a plan for granting tax breaks. Otherwise it could end up hurting schools, park districts and individual homeowners. A Letter to the Editor from four Niles trustees.

  The following Letter to the Editor represents the views of the authors alone. Patch merely serves as a platform for writers to express their opinions. Policy Must be Rational, Honest and Fair Sometimes in government there are terms and definitions which seem confusing or even awkwardly simple, yet do not really indicate what the meaning and implications are to their use by local governments. Such is the case with Cook County 6(B) tax incentive requests. Earlier: Niles Board Holds Off On Granting Tax Break To Business  The County Assessor’s office has a document which clearly states the meaning and purpose of the 6(B): “The Class 6b classification is designed to encourage industrial development throughout Cook County by offering a real …

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HARRY ACHINO

4:24 pm on Tuesday, December 18, 2012

Very well put Matthew. This should be put into future considerstion for any upcoming B6 requests. But sadly it took a citizen and not one of our trustees to figure this out. What you proposed was a classic win-win. The end of your comment hit it out of the park. AS the long as petty political squabbles are the norm in Niles, the perception of anti-business climate will drive jobs and investment …   more ›

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