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It’s troubling to assess state’s subsidy standard

February 27, 2013
Gary Andersen, Lee Smith , Fairmont Sentinel

Mayo Clinic in Rochester is appealing to state lawmakers for significant tax relief - $500 million - as part of its plan to spend billions over the next several decades and add something on the order of 45,000 jobs. The relief would come in the form of the tax breaks that cities sometimes give developments, in order to spur them. In return, cities expect construction and jobs, and that's what Mayo intends. As we have noted in this space previously, we don't have a problem with Mayo's request.

 
 
 

 

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