An Analysis of Georgia's Economic Development Tax Credit Incentives PDF Download

Author:
Publisher:
ISBN:
Category : Georgia
Languages : en
Pages : 124

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Author: Jeanie Thomas
Publisher:
ISBN:
Category : Southern States
Languages : en
Pages : 72

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Author: David L. Sjoquist
Publisher:
ISBN:
Category : Georgia
Languages : en
Pages : 76

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Author: United States. Internal Revenue Service
Publisher:
ISBN:
Category : Income averaging
Languages : en
Pages : 8

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Author: Dagney Gail Faulk
Publisher:
ISBN:
Category : Employment tax credit
Languages : en
Pages : 82

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Book Description

Author: David Merriman
Publisher:
ISBN: 9781558443778
Category : Economic development
Languages : en
Pages : 0

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Book Description
Economist David Merriman of the University of Illinois at Chicago reviews more than 30 individual studies in the most comprehensive assessment of tax increment financing (TIF) with practical recommendations for policy makers and practitioners. The report finds that while TIF has the potential to draw investment into neglected places, it has not accomplished the goal of promoting economic development in most cases. First implemented in the 1950s, TIF funds economic development within a defined district by earmarking increases in future property tax revenues that result from increases in real estate values in the district. The tax revenue can be used for public infrastructure or to compensate private developers for their investments, but TIF is prone to several pitfalls: it often captures some revenues that would have been generated through normal appreciation in property values, it can be exploited by cities to obtain revenues that would otherwise go to overlying government entities such as school districts, and it can make cities' financial decisions less transparent by separating them from the normal budget process. The report recommends several ways that state and local policy makers can reform TIF practices going forward.

Author: Melvin L. Oliver
Publisher: Taylor & Francis
ISBN: 0415951674
Category : Business & Economics
Languages : en
Pages : 356

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Book Description
The authors analyse wealth - total assets and debts rather than income alone - to uncover deep and persistent racial inequality in America, and show how public policies fail to redress this problem.

Author: Kathleen Thomas
Publisher:
ISBN:
Category : Revenue
Languages : en
Pages : 48

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Author: John P. Blair
Publisher: SAGE
ISBN: 9780761918844
Category : Science
Languages : en
Pages : 346

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Book Description
This Reader presents a selection of articles from Economic Development Quarterly, the premier journal for practitioners and academics of local economic development. The pieces chosen cover both the breadth and the cutting edge of real world economic development practices.

Author: Greg LeRoy
Publisher: Berrett-Koehler Publishers
ISBN: 1609943511
Category : Business & Economics
Languages : en
Pages : 299

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Book Description
For the past 20 years, corporations have been receiving huge tax breaks and subsidies in the name of "jobs, jobs, jobs." But, as Greg LeRoy demonstrates in this important new book, it's become a costly scam. Playing states and communities off against each other in a bidding war for jobs, corporations reduce their taxes to next-to-nothing and win subsidy packages that routinely exceed $100,000 per job. But the subsidies come with few strings attached. So companies feel free to provide fewer jobs, or none at all, or even outsource and lay people off. They are also free to pay poverty wages without health care or other benefits. All too often, communities lose twice. They lose jobs--or gain jobs so low-paying they do nothing to help the community--and lose revenue due to the huge corporate tax breaks. That means fewer resources for maintaining schools, public services, and infrastructure. In the end, the local governments that were hoping for economic revitalization are actually worse off. They're forced to raise taxes on struggling small businesses and working families, or reduce services, or both. Greg LeRoy uses up-to-the-minute examples, naming names--including Wal-Mart, Raytheon, Fidelity, Bank of America, Dell, and Boeing--to reveal how the process works. He shows how carefully corporations orchestrate the bidding wars between states and communities. He exposes shadowy "site location consultants" who play both sides against the middle, and he dissects government and corporate mumbo-jumbo with plain talk. The book concludes by offering common-sense reforms that will give taxpayers powerful new tools to deter future abuses and redirect taxpayer investments in ways that will really pay off.