BRADY: Business Taxes

As Mayor, I will work to eliminate the gross receipts portion of the Business Privilege Tax over an 8 year period. It has been estimated that for every 500,000 square feet of occupied office space, $11.1 million dollars in tax revenue is generated. Barriers to economic development, such as the gross receipts tax must be removed; as the revenue which would be generated by business locating in the City would be sufficient to offset any loss of tax dollars. Any such reduction would be done so sensibly, without a negative impact on City services.

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