Controversial tax breaks for Mass. projects
Tropical Unisex Salon
Location: New Bedford
Tax breaks: $10,624 in local taxes, and potentially $10,000 in state taxes
The salon received a five-year tax incentive for a $200,000 expansion, even though it pledged to add just one full-time job. The hair salon received a discount on its property taxes for five years (starting at 75 percent and gradually decreasing to 20 percent) plus a 5 percent state investment tax credit potentially worth $10,000. As of last fall, the company said it had saved $10,624 in local taxes, but not yet claimed any state tax credits.