Foundation for Economic Education » States Having Second Thoughts on Corporate Subsidies

States Having Second Thoughts on Corporate Subsidies

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Generous tax breaks given to companies that threaten to take their business elsewhere are coming under increasing scrutiny from state and local officials who say taxpayers aren't getting their money's worth. Critics say the tax breaks and other financial incentives have gotten out of hand, costing taxpayers billions of dollars and doing little for the economy. (USA Today ^[1], Wednesday)

Good news for a change.

FEE Timely Classic
Aid to Owners of Dependent Enterprises ^[2] by Charles W. Baird

Article printed from Foundation for Economic Education: http://www.fee.org

URL to article: http://www.fee.org/articles/in-brief/states-having-second-thoughts-on-corporate-subsidies/

URLs in this post:

[1] USA Today: http://www.usatoday.com/news/nation/2007-08-21-states-incentives_N.htm

[2] Aid to Owners of Dependent Enterprises: http://www.fee.org/publications/the-freeman/article.asp?aid=4788

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