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politics. “Governors or state legislators can establish, at least in thje context of a political campaign, p cause-and-effect relationship between their actions and the appearance of a new employer, even if the cost is too high or the employer pulfe out after 10 years,” he said. •
Mr. Hood sees other problems with incentive packages as well. They are unfair to businesses already located in a state, which receive no benefits; they encourage every business considering relocating to a state to request, or demand, special incentives; and they often aife negotiated behind closed door$, leaving state residents ignorant until later, when they have to foot the bill for the package.
“The shoddy track record of state incentives to lure and sustain healthy busineesses ought to persuade state lawmakers to put the skids on these massive giveaway schemes,” Mr. Hood says.
84.7%