Targeted Tax Breaks Work for Elected Officials But Not Necessarily for Economy or Us
In GoLocalProv yesterday, Pam Gencarella outlined all of the flaws with TSA’s and other targeted tax incentives, starting with the fact that they seem to buy friends for elected officials at our expense.
Isn’t that what RI government is doing every time it provides a tax credit or a tax stabilization agreement, or designates an area as an enterprise zone? Sure, we might keep a business here or we might attract a new business there (although the languishing I-195 land indicates otherwise) but does that help improve RI’s economy?
Monique is a political gadfly, data junkie and contributor to the Ocean State Current and Anchor Rising. Please consider supporting the terrific work of the Rhode Island Center for Freedom and Prosperity here:
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