Business & Tech
Should Largo Businesses Get Tax Breaks for Creating Jobs?
That's a question Largo voters will be asked on the Nov. 6 ballot. What's your opinion?
Largo voters will be asked this November to consider a property tax exemption aimed at creating new jobs.
The Nov. 6 ballot question will ask voters if they want to authorize the city to grant "property tax exemptions to new businesses and expansions of existing businesses that are expected to create new, full-time jobs in the City of Largo," the Tampa Bay Times reports.
Similar programs have been approved in Tampa and St. Petersburg, and one is also on the ballot this November in Clearwater, the Times reports.
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Of Largo's six commissioners, only Bob Murray has voted against putting the program on the ballot, expressing concerns about the potential impact on Largo's property tax revenue, according to the Times.
What do you think? Should new or existing businesses get property tax breaks for creating new jobs in Largo? Post a comment below and share your opinion.
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