Sometimes, there are benefits to a downtrodden economy!  If you are thinking about starting a new business, or have recently stated a business, you may be may be eligible for a local tax holiday.  Tax holidays are a temporary reduction or elimination of a tax, and are also referred to as tax abatements, tax subsidies, or tax reduction programs.  They are usually created by government entities as incentives for business investment. Two examples of local tax holidays are provid