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RE: LeoThread 2025-04-06 15:25

in LeoFinance6 months ago

Part 4/13:

An incredible paradox arises when cities incentivize these giants through tax breaks and other financial perks, believing the influx of big box stores will bolster tax revenues. However, a single big box store may generate significant tax bills yet ultimately pays less per acre than smaller, existing businesses. Research demonstrates that properties in dense, mixed-use downtown areas yield tax revenues exponentially greater than sprawling suburban big boxes, thus costing municipalities more in infrastructure maintenance and service provision than they gain.

The Long-term Consequences of Big Box Developments