Marketplace Morning Report for Friday, December 14, 2012
A new report from the Pew Center on the States points out some pitfalls of tax incentives for businesses. The report says states don’t realize how much the incentives will eventually cost them. Throughout the fiscal cliff debate, you've probably heard a certain metaphor that compares the nation to a household. But that comparison bothers one of the nation's leading economists. And there's a new law in effect called the CALM Act, and it means that TV commercials now have to be the same volume as the programming they interrupt.
A new report from the Pew Center on the States points out some pitfalls of tax incentives for businesses. The report says states don’t realize how much the incentives will eventually cost them. Throughout the fiscal cliff debate, you’ve probably heard a certain metaphor that compares the nation to a household. But that comparison bothers one of the nation’s leading economists. And there’s a new law in effect called the CALM Act, and it means that TV commercials now have to be the same volume as the programming they interrupt.