Posts Tagged ‘Tax Break’
Who Really Wins When Companies Are Offered Large Tax Incentives?
The answer to this perennial question is that one side typically loses more than it bargained for and the other, depending on the industry involved, may be far better off than the state or city that offered various tax incentives. It appears that the art of a deal, when it comes to tax incentives, rests…
Read MoreDo Giant Tax Giveaways Like the Foxconn Deal in Wisconsin Work?
Wisconsin is the latest state to offer huge tax breaks to a company promising jobs, but such deals have a spotty track record. Wisconsin is offering a massive incentive package to Foxconn, the Taiwanese electronics firm known for building Apple’s iPhones. In exchange for $3 billion in taxpayer-funded incentives, Foxconn plans to invest $10 billion…
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