When It Comes to Towns’ #Tax Bases, Not All #Retailers Are the Same - A new #Target store raises its host municipality’s per-acre tax base by about 2.82% and the nearest town’s by about 5.87%, whereas #Walmart openings have no effect on the tax base, according to a study of dozens of store openings in New Jersey... In comparison with deep-discounter Walmart, Target attracts higher-income #customers and, consequently, more and better retail outlets; higher-income shoppers apparently move to municipalities offering Target stores, thus boosting the residential tax base, the researchers say.