Why Stoffa Dislikes the KOZ Tax Break

John Stoffa: "The only way you can cut costs is personnel. That's most of your costs. You can delay hiring. You can not hire. You can freeze positions and you'll save money.

"I'm going to disagree with most of the people here. I don't like KOZs. I think we should get rid of them. It means Keystone Opportunity Zone, where you don't pay any taxes for ten years. I like LERTA, where you pay 1/10th, 2/10th, 3/10th as the years go by. That makes sense to me. To give somebody no taxes, no sales taxes, no nothing. People can live there in condominiums and pay no taxes. It's wrong. I don't believe in KOZs. I would get rid of them."