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Tax incentives to lure big business are a bad investment

Fast Company 03/02/2020

A study that tracked 90 percent of tax incentives given to attract businesses in 32 states between 1990 and 2015 found that they failed to deliver the types of results promised when they were awarded. Bruce McDonald, an associate professor of public administration at North Carolina State who co-authored the study, said the agreements “ultimately left states in worse financial condition than they were in to begin with.”

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