Local governments offer billions in incentives to attract businesses like Amazon. Does that practice pay off? Here's everything you need to know:
How much is being spent?
Tax incentives given to businesses now total $80 billion a year — triple the amount in 1990. These inducements come in the form of income tax credits and exemptions, property tax abatements, land grants, low-interest loans, cash giveaways, and other free services. Major corporations have come to expect generous...
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