Do short term incentives undercut long term competitiveness?
Tuesday, January 28, 2003
There's a plausible argument to say that they do. Corporate tax breaks directly influence local property taxes, the largest single source of funding for public schools.
A report by the National Education Asssociation makes the case. The authors contend that tax subsidies are rarely evaluated for their effectiveness. They look at 5 states: Ohio, Florida, Texas, Minnesota, and Montana.
In this era of tight state and local finances, this argument can gain some political traction. If you need to prepare yourself, read more or download the report.
posted by Ed Morrison |
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Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.
Do short term incentives undercut long term competitiveness?
