The Community Benefits from Business
Income Taxes and Employee's wages and Taxes
You may know that businesses pay additional payroll taxes, and that some of the business portion and the employees' portion goes to the local community. Business may also pay income tax for the profit to this community. Without local businesses, there would be less money for the village, city, township, county, and or state to operate.
Property Taxes and Improvements
Some states depend on property taxes to finance the local schools.
Even if a business has been excused of some property taxes because of improvements made, it still makes the community a better, stronger place.
