Ohio

From the Cincinnati Business Courier:

A proposal to tear down a building in Winton Place and replace it with a Restaurant Depot warehouse is on Cincinnati City Council's plate this week.

RD America Inc., Restaurant Depot's parent, is asking for a 15-year property tax exemption to build the facility on West Mitchell Avenue. The College Point, N.Y. company's plan is to demolish the existing structure and build a 55,000-60,000-square-foot warehouse, costing about $4.9 million, along with an 85-space parking lot.

Even if tax breaks and incentives were good policy, it seems that a fifteen year exemption is a bit too long. Businesses generally don't need fifteen year to determine long-run profitability of individual stores. Tax breaks with these long durations are just gravy.