New Researcher Opposes Tax Incentives to Companies

Where: Texas

Who: Professor of Government, University of Texas at Austin

What are the arguments against tax incentives?

• there is a long list of scandals involving economic development programs
• no ROI for taxpayers
• it is a waste of tax dollars, investments would have occurred anyway in 75% to 98% of the cases
• cause harm to local governments and state coffers

Gainesville Daily register | THE CONVERSATION: Why states and cities should stop handing out billions in economic incentives to companies