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The safety net for the unemployed needs extension along with the payroll tax abatement.
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The New York City tax abatement in the Brooklyn example is currently available for the first four years of a system's life.
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In some cases, as in Brooklyn, there is also an incentive, such as tax abatement, that is counted as additional cash-flow over some number of years.
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In addition to accelerated implementation of mandated boiler replacements, Stringer is pushing tax abatement incentives and grants to encourage building owners to replace the toxic boilers.
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The most I see is an extension of the payroll tax abatement and the safety net for the jobless, but even such minimal gestures are not a certainty.
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He recently signed a tax abatement bill to spur investment in plants, land and equipment, and has improved relations with U.S. Steel, which has announced that Gary will become the center of its steel operation.
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He paid a small amount of the tax and sued for refund and abatement of the balance.
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In the very short-term Apple stock is likely to benefit from abatement of year-end tax related selling.
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