This article is yet another that raises a question about the use of incentives in economic development. What is an appropriate level of assisstance for a business investment that will create jobs and tax income? When does an incentive package go too far?
While I do believe that incentives are appropriate in some cases, I look hard at the merit of the project, and do not believe in the "über-incentives" like those offered to Diamler-Chrysler. I also know, as an economic developer, of businesses that have chosen another state due to packages such as these. Is it time to resurrect the idea of federal action to limit the competition between states?
Thanks to IEDC for sending me the link to this article, in just one of the weekly reources I receive from that organization.