Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Money for Nothing: Industrial Tax Abatements and Economic Development

Money for Nothing: Industrial Tax Abatements and Economic Development

Reese, Laura a.
Sands, Gary

Hardcover

Investing & FinanceGeneral Political Science

ISBN10: 073916662X
ISBN13: 9780739166628
Publisher: Lexington Books
Published: Feb 23 2012
Pages: 190
Weight: 1.05
Height: 0.70 Width: 5.90 Depth: 9.00
Language: English

Tax incentives are a mainstay of state and local economic development strategies and have been so for decades. Evaluations of their effectiveness have provided mixed results and few recommendations that have been translated into actual policy modifications. Since the mid-1970s, the State of Michigan has allowed local governments to grant substantial property tax abatements for new investments in real and personal industrial property. The program has been extremely popular, with more than 400 different municipalities granting a total of over 17,000 abatements. Despite its prominence, the program has been subject to only limited analysis at either the State or local level. This book systematically evaluates several different dimensions of industrial property tax abatements:

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