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Friday, November 14, 2014

Editorial: How IDAs hurt Long Island taxpayers

Hey, Long Island business owners, did you know you can lower your taxes if you threaten to leave the region, say you might have to close your doors or promise to expand? Generally, businesses will do what's best for their prospects and seek whatever tax breaks might be available. But a $380,000 advertising campaign launched last week by the Suffolk County Industrial Development Agency wants to make sure companies know they may not have to pay the full rates.

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