Economic development and PILOT tax incentives

This week on “Behind the Headlines” (Aug. 2): Neely Mallory III, president of Mallory Alexander International Logistics, and Wyatt Aiken, vice president and chief operating officer of Cushman & Wakefield/Commercial Advisors, discuss what it takes to support economic development in the area.

One topic is the payment-in-lieu-of-taxes (PILOT) program – whether it is effective and worth the impact on the tax base in the long run, and whether it should be eliminated or used more judiciously. [More details.]

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