Tag: Mercury Marine

How the tax incentives war puts states in a terrible bargaining position

Last week, 17 of the top business executives from the Kansas City area made an unexpected request to the governors of Kansas and Missouri – they asked to end tax incentives for their businesses. The letter describes competing incentives as… Read more [More...]

Sunk: Mercury Marine fiasco casts light on costs of state subsidy wars

Over the past several months, we have blogged several times on state tax incentives, in particular on the need to strengthen transparency and evaluation of tax credit programs (see our posts here,  here, here and here). The issue  seems to… Read more [More...]

Taking credit: Task Force explores use and misuse of transferable tax credits

Are tax breaks for businesses a legitimate tool of economic development, or a form of corporate welfare? The fact is they can be either. The challenge is telling the two apart and ensuring through clear legislative language and ongoing oversight… Read more [More...]