Incentive Watch

Saturday, February 12, 2005

A national site selector told EDPros in Arkansas what most people already know: incentives do not make or break big "superdeals". Read more.

The Wichita City Council is reconsidering its incentive policies after it provided a package to help a dental insurance company move from downtown. Read more.

The Georgia House has touched off a controversy after it passed legislation to shield incentive deals from public disclosure. Read more.

An economist in Iowa estimates that jobs must pay at least $28,500 per year, or the state loses money. Lower paying jobs cost more in government services than they return in taxes. Read more.

Rhode Island is trying to keep the headquarters of Brown & Sharpe, a venerable machine tool maker, from moving out os state. The management is reviewing the incentive package. Read more.

Mississippi is trying to put together a $100 million deal to lure a steel mill. Read more.

Controversy continues over whether the Iowa Values Fund wastes taxpayer money. Read more.

Dave Swenson from Iowa State provides some insights into the problems with incentives directed at companies. Read more

The Washington House of Representatives has passed a bill requiring a state audit of the 500 or so tax breaks that business receives. This type of tax expenditure analysis makes sense, since these tax breaks have the effect of narrowing the tax base and putting upward pressure on rates. Read more.

posted by Ed Morrison |

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