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Poll results

Charlton voters on Nov. 15 approved a $12-million tax break for a planned $300-million Amazon distribution center set to be built in town. The tax-increment-financing agreement will start off exempting 55% of the development's property tax in the first two years, and decrease to 10% by the end of the 10-year agreement.

Should there be a limit on large companies receiving property tax breaks for new development?
Yes, a threshold should be set, based on company revenue. (25%, 32 VOTES)
Yes, tax breaks should only go to locally based companies. (8%, 10 VOTES)
No, tax breaks are needed to help companies offset costs. (2%, 2 VOTES)
No, they’re important tools for communities to bring in desirable development. (45%, 57 VOTES)
Municipalities should not provide property tax breaks to any businesses. They are unfair to all existing commercial businesses. (20%, 26 VOTES)
Poll Description

Charlton voters on Nov. 15 approved a $12-million tax break for a planned $300-million Amazon distribution center set to be built in town. The tax-increment-financing agreement will start off exempting 55% of the development's property tax in the first two years, and decrease to 10% by the end of the 10-year agreement.

  • 127 Votes
  • 1 Comments
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1 Comments

  • November 23, 2021

    Today, the Governor of Texas announced that a $17B Samsung chip plant was coming to Taylor, TX. The tax breaks that they provided to Samsung were up to 92.5% for the first 10 years, declining over the next several decades. That adds Samsung to the list of companies that are moving to TX: Tesla, Oracle, Hewlett-Packard are just the latest. The ripple economic effect that will be caused by that one plant will be immense, to say nothing about the other large corporate relocations to Texas. In the case of the Charlton Amazon deal, the voters approved the tax break, so the people have spoken.