What can the government do to revitalize distressed neighborhoods?

Jun 1, 2020
Politicians like to use tax incentives, but are they effective?
A boarded storefront with a graffiti plea to end shootings in west Baltimore in 2017.  Baltimore benefited from funding through the Clinton administration's Empowerment Zones, but much of the city remains plagued with poverty.
Mandel Ngan/AFP via Getty Images

How state and local governments can protect themselves while trying to lure businesses

Feb 15, 2019
This week Amazon said it wouldn’t pursue a new headquarters in New York City and GE announced it’s dramatically downsizing its planned move to Boston. GE will now rent office space there, instead of building a 12-story office tower. It will also repay $87 million in incentives it received to make the move. As cities and […]
TIMOTHY A. CLARY/AFP/Getty Images

Amazon wants tax incentives, Texas knows the drill

May 3, 2018
As Amazon considers locations for its second headquarters, incentives are on the table.
Toyota was offered more than $50 million in financial incentives and tax abatements from the Texas Enterprise Fund and the city of Plano to move its North American headquarters to Plano, above.
Courtesy of Amanda Roark/Toyota

The tax bill's reshaping of the American economy

Dec 29, 2017
How fast will the effects ripple through the economy?
Copies of the Tax Cuts and Jobs Act Conference Report sit on the dais of the House Rules Committee at the U.S. Capitol in Washington, D.C.
Chip Somodevilla/Getty Images

Commuters would lose an employee perk under the tax plan

Dec 19, 2017
Republicans on their way to the first big victory of the Trump administration keep talking about how many winners there are under their negotiated tax bill.  But the likely losers? Commuters, who have their parking, transit or bicycling subsidized by their companies. The new tax plan eliminates the incentive for private employers to continue offering […]

Georgia EV sales sputter without tax credit

Jan 20, 2016
A change in state policy is causing Georgians to reconsider electric vehicles.

Are pro sports teams economic winners for cities?

Mar 19, 2015
A baseball team has about the same economic impact as a midsize department store.

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