Why states and cities should stop handing out billions in economic incentives to companies


Why states and cities should stop handing out billions in economic incentives to companies


U.S. states and cities hand out tens of billions in taxpayer dollars every year to companies as economic incentives.

These businesses are supposed to use the money, typically distributed through economic development programs, to open new facilities, create jobs and generate tax revenue.

But all too often that’s not what happens, as I’ve learned after doing research on the use of tax incentives to spur economic development in cities and states across the country, particularly in Texas...

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Ken Notes: We are always talking Tax Cuts, better jobs, and social programs. Why not make this so simple - provide a tax plan offering significant tax incentives for jobs paying a good wage offering good benefits. I believe it is called practice what you preach...

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- - Volume: 7 - WEEK: 28 Date: 7/11/2019 8:15:40 AM -