Money for Nothing: Industrial Tax Abatements and Economic Development

Money for Nothing: Industrial Tax Abatements and Economic Development
ISBN-10
073916662X
ISBN-13
9780739166628
Series
Money for Nothing
Category
Business & Economics
Pages
151
Language
English
Published
2012
Authors
Gary Sands, Laura Ann Reese

Description

Although widely utilized, industrial property tax abatements have a dubious record of accomplishments. In addition to failing to deliver promised jobs and investments, tax abatements appear to contribute to urban sprawl, impose substantial cost burdens on older municipalities and have limited positive effects on community economic health, This book uses Michigan's Industrial Facilities Tax abatement program to develop policy recommendations to make the use of these incentives more efficient and equitable.

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