Saturday, July 26, 2003

Tax

Subsidising what? Tax abatements often fail to generate jobs

Andy Gammill of the Fort Wayne Journal Gazette studied tax breaks offered to potential employers by Allen County, Ind., and found that "more than half have fallen short of the employment promises they made while pleading their cases before local government boards." Despite the record, no government body has rescinded any of the tax abatements granted to businesses. The paper reviewed nearly 200 sets of records filed by the recipient firms.
· Sets of200 [Fortwayne]