It seems that the bigger (med device) fish can cut better tax incentive/abatement deals (than red plastic cup companies can) -- read it all here:. . .The potential windfall expected with the arrival of Baxter International at the Stanton Springs industrial park won’t have much effect on area schools for some time as the Walton County Board of Education was asked to sign off on an agreement abating school taxes on the business for the next 10 years.
While the 10-year tax abatement scheme has become more common in recent years to attract various businesses to the area — the Walmart Distribution Center in Monroe, Solo Cup and General Mills in Social Circle — the agreement has only ever applied to property taxes as levied by the county government. This will be the first time a Walton project will also abate school taxes as well.
Tommy Craig, a Newton County lawyer who represents the Four County Development Authority, said it happened as part of the negotiations with Baxter. . . .
As I say -- fascinating -- both Illinois-based companies with large footprints in the South.
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