27 February 2020

On Issues Related to Tax Incentives

"Perhaps there's no government policy or program that's as widely reviled, yet universally pursued, as tax incentives.

"Study after study demonstrates that when states and cities give out tax breaks to companies looking to relocate or expand, they typically get very limited bang for their bucks, if any. Yet such incentives remain central to development strategies in most jurisdictions.

A study published last summer found that three-quarters of local economic development dollars are devoted to tax incentives, with the amount spent on them tripling since the 1990s."

A recent article in Governing Magazine explored some of the concerns related to tax incentive programs.

To access the complete report, please visit:

Governing: Tax Incentives: The Losing Gamble States and Cities Keep Making (26 FEB 20)

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