Pennsylvania has a Local Economic Revitalization Tax Assistance (LERTA) tax abatement program. I know that IMPLAN can be used to estimate the taxes that would be generated as a result of a project at a certain period of time.
According to your post in "Tax Reduction Economic Impact Study," IMPLAN cannot be used in estimating the economic impact of a reduction of real property taxes because "it does not have the ability to predict firms' and proprietors' behavioral responses to lower property taxes." Can you please confirm?
Thank you in response and hope to hear from you soon.
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