The Pew Center on the States recently released a report entitled “Evidence Counts: Evaluating State Tax Incentives for Jobs and Growth” that found that while every state offers tax incentives to attract, retain, and expand businesses and jobs, no state ensures that policy makers rely on good evidence about whether these investments deliver a strong return. The report examines what policies states have implemented to measure if these incentive programs are delivering a return on investment, if any and offers suggestions for ways state can evaluate the effectiveness of these programs to improve the effectiveness of their economic development activities.
Click here to read the report.
