Saturday, June 6, 2009

Tax Abatement Beguilement

Indiana University professors John L. Mikesell and C. Kurt Zorn and Esteban G. Dalehite, of Florida International University, found, "The majority of tax abatement programs offered by local and state governments to stimulate economic growth are overly generous...This inclination towards generosity often leads to costs outweighing benefits to communities."

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