The local school district is opposed to any generous tax, Accounting Basics

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The local school district is opposed to any generous tax

The commissioners for Walker County are actively negotiating with Falcon Industries regarding the location of a new manufacturing plant in the area. As Falcon is considering several other sites, a "generous tax holiday" may be needed to influence the final choice. The local school district is opposed to any "generous tax holiday."

a. What would probably be involved in a generous tax holiday?

b. Why would the school district be opposed?

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Accounting Basics: The local school district is opposed to any generous tax

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