Tinley Considers Tax Break for Rizza Dealership
A considerable tax break for the long-time Tinley auto dealer may result in the creation of 10 jobs and over $800,000 for the village over the next 10 years.
Village trustees are considering a 33 percent tax break for Rizza Cadillac and Rizza Buick GMC to help build a new business façade, Sun-Times Media reports.
The building improvements are expected to increase customer traffic—enough to hire 10 additional employees and add nearly half a million dollars to the company payroll. Over the next 10 years, the expected increase in sales is estimated to build over $800,000 in sales tax revenue for the village. If the tax break doesn’t pass, they will be unlikely to make the renovations, according to Trustee Dave Seaman.
The village formerly gave similar incentives to Apple Chevrolet and Orland Toyota Scion in 2011.
Get the rest of the story by Sun-Times Media.
Looking For The Truth in Tinley Park
1:45 pm on Monday, February 25, 2013
Is Eberhardt ok with us doing this?
M Dean
1:46 pm on Monday, February 25, 2013
Are you kidding Tinley Park? Another fat tax break for a mega corporation in tinley after just hearing about the Golden Corral incentive? I find it highly offensive to small businesses who I guarantee do NOT get similar breaks to open in town. Rizza is an obnoxious place to begin with between draining ungodly amounts of power to light their lot from their questionable sales tactics I saw firsthand when my mother bought a car there. I'd never patronize this dealership and I hope the community joins with me. And seriously, 10 jobs? That's a joke
mr joe
2:53 pm on Monday, February 25, 2013
tax break for what? they just bought the terrys store in orland park. the dealership is moving to the ford store in orland. bought community gmc and moved that to the cadillac store in tinley. this guy has a loaf of bread under each arm and now he wants a tax break? also this is the only dealership on 159st that gives you no warrenty on a used car except for whats left on the new car warrenty.. all dealerships give you 30-90 days but rizza. . i would never buy a car from them.
Put a bird on it
3:25 pm on Monday, February 25, 2013
Thank you, M Dean!! I comment on the obnoxiousness of Rizzo's lots on a daily basis. I'm also extremely bothered by the Golden Corral incentive. I'm new to the area and have only found a handful (at best) of small, family-owned businesses to support. Bigger is not always better..
Ready for Change
12:19 pm on Tuesday, February 26, 2013
What about homeowners? Are we going to get a tax break Too???