Defunding Florida’s Film Industry Incentives was Example of Evidence-Based Policy

By Marisa Lupica and Matt Kelly States have been competing fiercely for movie productions with tax incentives since the early 2000s. Such incentives include cash grants, income tax credits, sales tax rebates, or payroll tax credits. Today, 37 states offer tax incentives for film productions. However, recent economic research shows that film tax incentives fail … Continue reading Defunding Florida’s Film Industry Incentives was Example of Evidence-Based Policy

Targeted Industry Tax Incentives in Florida

By Marisa Lupica Tax incentives are a significant but ineffective part of states’ economic development policy. As of 2012 states spent an estimated $80.4 billion annually on tax incentives for businesses. Yet, most economic research on the subject finds that targeted tax incentives are ineffective at attracting businesses, creating jobs, or improving a state’s economic … Continue reading Targeted Industry Tax Incentives in Florida

Taxes, Inequality, and Business Climate

Original post date: September 19, 2014 Article by: Dan Davy Today, states are left with a difficult choice between maintaining revenue growth and providing a competitive business climate. Taxes that promote the most competitive business climates tend to be less progressive and have lower growth rates. Standard and Poor’s (S&P)  released a new report finding that states … Continue reading Taxes, Inequality, and Business Climate