Councilman calls on mayor to create tax plan for businesses

June 1, 2015 6:36 PM

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Councilman calls on mayor to create tax plan for businesses

A Providence councilman is calling on the mayor and other council members to pass a tax plan for businesses on former Interstate 195 land.

Councilman David Salvatore said Monday that his plan would allow businesses to be exempt from property taxes for five years before paying taxes incrementally. He says businesses would pay full taxes after 15 years.

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