Saturday, December 1, 2012

As Companies Seek Tax Deals, Governments Pay High Price

http://www.nytimes.com/2012/12/02/us/how-local-taxpayers-bankroll-corporations.html?hp&_r=0

States, cities and counties are giving up more than $80 billion a year to attract or keep companies and the jobs they provide. But officials and governments rarely track how many jobs were created and many do not know the value of all their awards.

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