Does giving tax breaks and / or subsidies to corporations to entice them to relocate to your community work? There has been a number of reports out that basically state, “Financial incentives do not spur economic activity!” Claims are made that construction jobs, local investment in the community, of course, new jobs … While these…Read More→

One more blog about governments offering huge economic incentives, tax breaks and subsidies to entice corporations to set up shop in their region. Yes, there can be “clawback” provisions whereby if the promised economic benefits of new jobs and increased economic prosperity do not occur, the company has to give back part or all of…Read More→

In Site Selection on January 2018 California was either at the top or near the bottom ranking for various economic and business benchmarks. Out of 50 U.S. States, California was #1 in Higher Ed. R&D Expenditure, #2 in Information Technology and Innovation, but #48 in Business Tax Climate and #47 in lowest cost of electricity….Read More→