Economic Development Futures Journal

Saturday, June 10, 2006

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An Interesting Take on Supreme Court Decision on Incentives

Before you celebrate victory on this issue. Be reminded what the real decision was about: "That the court ruled against the plaintiffs, in a unanimous decision, was welcome news to economic development interests around the country -- but not much cause for rejoicing. One reason is, the court didn't rule on the validity of the tax breaks themselves. What it did say was that the plaintiffs had no standing to bring a case, because their argument of financial harm by granting incentives and tax breaks was speculative."

Read the article here.

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