Money for Nothing Industrial Tax Abatements and Economic Development |
|
| Author:
| Reese, Laura A.
Sands, Gary |
| ISBN: | 978-0-7391-6662-8 |
| Publication Date: | May 2012 |
| Publisher: | Lexington Books/Fortress Academic
|
| Book Format: | Hardback |
| List Price: | AUD $129.95 |
Book Description:
|
Although widely utilized, industrial property tax abatements have a dubious record of accomplishments. In addition to failing to deliver promised jobs and investments, tax abatements appear to contribute to urban sprawl, impose substantial cost burdens on older municipalities and have limited positive effects on community economic health, This book uses Michigan's Industrial Facilities Tax abatement program to develop policy recommendations to make the use of these incentives more...
More Description
Although widely utilized, industrial property tax abatements have a dubious record of accomplishments. In addition to failing to deliver promised jobs and investments, tax abatements appear to contribute to urban sprawl, impose substantial cost burdens on older municipalities and have limited positive effects on community economic health, This book uses Michigan's Industrial Facilities Tax abatement program to develop policy recommendations to make the use of these incentives more efficient and equitable.