Economic Development Tax Incentives: What Are They and Why Do They Matter?

Indiana recently announced it would provide United Technologies Corp. with $7 million in tax incentives over 10 years to encourage the company’s Carrier Corp. unit to keep about 1,000 jobs in the state. This Q&A with Josh Goodman of The Pew Charitable Trusts’ states’ fiscal health team explains what economic development tax incentives are, why they matter, and how…

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