LA Times : Want to deplete your tax base? Give ‘job creators’ what they want

By September 16, 2014No Comments

Virtually all of the published research on the subject shows that most economic development incentives are a senseless waste of taxpayer money. My own analysis found no connection between incentive dollars spent per capita and such measures of economic success as wages, incomes, human capital levels or unemployment.It’s time to put an end to incentive madness once and for all.