Tax Incentive Plan Spurs Conflict among Furniture Stores

June 10, 2012  by in UnCategorized   

By Aggregated Content in Furniture Retailing on June 11, 2012 from http://centralillinoisproud.com/fulltext?nxd_id=252102 A Bloomington, Ill., family business is accusing the city of giving a competitor an unfair advantage. Aldermen are voting Monday night on a proposed sales tax incentive for a new Ashley Furniture Store at Colonial Plaza. But the manager of Rooms Direct says the incentive creates an unbalanced playing field between the two businesses. "They're not going to expand the market. They're just going to give rebates to a new retailer and lose tax dollars from an existing retailer. It's robbing Peter to pay Paul," said

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