Incentives for Business Scrutinized in Texas
The billions of dollars in incentives that Texas hands out to businesses each year are set to draw fresh scrutiny this week on the heels of a New York Times series that raised new questions about the practice while also ruffling some feathers.
On December 3, the Times devoted Part 2 of its three-part “United States of Subsidies” series to Texas. The article alleged that the state gives out $19.1 billion a year in business incentives, far more than any other state. (Disclosure: The Texas Tribune has a content partnership with The New York Times.)
The question of whether ...
Comments (1)
David Spratt
Looks like great free advertisement to me,,, There may be some companies who do not know this and now they do.
Most of the business brought to Texas through this program are still operating and employing people who purchase goods and pay taxes. Far better results than Obama's stimulus or green jobs plans which cost nearly a trillion $. Compared side by side looks like we get a lot of bang for the buck.
Just sour grapes to all these states and cities that have run themselves into the ground supporting unions and have no money. Whatever it takes to lure business to Texas is a good thing .
Any job to feed and house your family is a good job no matter how it got here.