The land, he said, should be used to generate taxes for the town rather to create an additional financial obligation.
They also estimate the capacity of a city's economy to generate taxes.
In addition, he said, the development would be worth $80 million to $100 million and generate significant taxes.
A company would therefore have to spend $100,000 to cover $40,000 in taxes generated by a parachute payment.
But once the investments have been moved into the Roths, they will never again generate taxes.
One response has been to seize rural land for development projects that generate fees and taxes.
Selling could generate taxes on capital gains if you've owned them for a considerable time.
Also, the group has said that as a religious institution, the proposed church would not generate taxes for the municipality.
And it is unlikely that their companies will cover taxes generated by exceeding the limit.
My husband works and he generates taxes, but those taxes never make it to where they should.