Phoenix LXIV: Will You Still Need Me, Will You Still Read Me, on Thread LXIV?
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11-16-2012, 09:30 AM
Join Date: May 2010
Location: Between the Pipes
New outlet mall opens to huge crowds in Glendale
The Tanger company built its newest outlet mall in Glendale, which happens to have the highest combined city/county/state sales tax of any large city in the country, at 10.3 percent. The new mall is projected to bring in about $2.5 million in sales tax to the cash-strapped City of Glendale each year.
So the CoG is going to collect $2.5M/yr and it didn't cost them $15M/yr to do so. That's how things are suppose to work... More money coming in than going out. Awesome.
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