| Number | 16045 |
| Subject | Economics |
| Source | Baltimore Sun |
| State | MD |
| Year | 1999 |
| Publication Date | Oct. 10, 1999 |
| Summary | Economic reporter John Hancock examines whether economic incentives, such as subsidies and tax breaks, are cost-effective methods of attracting and keeping businesses within certain communities. Some states are spending more than $3 billion annually to court corporations, which ofen play states against each other -- by lying about other offers. States are egged on in the process by consultants who take a healthy cut of the profits. Rarely do the incentives generate an increases in employment or the economy. |
| Category | Contest Entry |
| Pages | 27 |
| Keywords | economy;subsidies;tax break;business;corporate tactics;incentives;employment;extortion;Marriott International DAP Inc. Parks Sausage corporate welfare |
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| Related Video | None |
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