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Recently it seems there has been alot talk about PILOTs:
- Payment
- In
- Lieu
- Of
- Taxes
You know making the colleges, who do not have pay real estate taxes according to Mass General Law, make a payment in lieu of taxes.....
We got a better question, instead of making institutions that are not legally required to pay real estate taxes, make a PILOT payment. Why not make for profit businesses that lease tax-payer owned properties pay real estate taxes, which they are legally required to do???
For example;
- WooSox at Polar Park
- Madison at the parking garage
We collect real estate taxes on other city owned properties leased to for profit businesses:
- Union Station
- Parking garage across from DCU
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Comments
The rest of us suckers get to pick up the tab.