Is it worth it to give private companies tax breaks...

Is it worth it to give private companies tax breaks to stay or expand on Long Island? Credit: iStock

On Long Island, it's a frequent scenario: A private company threatens to move, or says it can't expand without government help.  So a county or town Industrial Development Agency grants breaks on property taxes and/or sales taxes to convince the company to stay or expand, thereby preserving or creating jobs on the Island.

Do you think the tax benefits are worth the cost? Vote and leave a comment. Results and a selection of comments will be published in next Sunday's business section.

Get the latest news and more great videos at NewsdayTV Credit: Newsday

Too many rainy weekends? ... LI Works: Making Countertops ... LEGO at Old Westbury Gardens ... Previewing the Knicks in the NBA Finals ... Get the latest news and more great videos at NewsdayTV

Get the latest news and more great videos at NewsdayTV Credit: Newsday

Too many rainy weekends? ... LI Works: Making Countertops ... LEGO at Old Westbury Gardens ... Previewing the Knicks in the NBA Finals ... Get the latest news and more great videos at NewsdayTV

SUBSCRIBE

Unlimited Digital AccessOnly 25¢for 6 months

ACT NOWSALE ENDS SOON | CANCEL ANYTIME