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Message: From GoLocalProv by Sam Zurier, GoLocalProv Guest MINDSETTER™: In his February 22 list of “Who’s Hot and Who’s Not” in Rhode Island, Mindsetter Dan Lawlor called out the Providence commercial property tax rate, noting that “making our commercial property tax rate competitive is a key tool to promoting business.” Although Providence’s tax structure is hardly the news of the week, he is entirely correct in noting its drag on economic development in the Capital City. For more than a decade, the general level of business development in Providence has been weak; far too often, the only two places in our City where you can find working cranes are at the Port of Providence and in the wetlands exhibit at the Roger Williams Park Zoo. Also, Providence’s commercial tax rate is indisputably high. In 2011, the Lincoln Land Institute performed a national survey of 53 major urban areas, and found that the commercial tax rate in Providence trails only the City of Detroit, hardly a promising sign. http://www.golocalprov.comhttp://beta.golocalprov.com/sam-zurier-restoring-balance-to-providences-taxes