Abstract

Scamming the States
Leroy, Greg | October 31, 2005 issue

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Reports that the United States Supreme Court will hear the case of DaimlerChrysler v. Cuno to assess whether an investment tax credit given by the State of Ohio for a Jeep automobile plant in Toledo violated the commerce clause of the Constitution. Statement that the decision could impact job subsidies; Claim that companies fail to create or retain as many jobs as they promise when receiving subsidies from states; Discussion of Dell's deal for a computer assembly plant in North Carolina in which it negotiated state subsidies worth hundreds of millions.

See Also:

TAX credits; ECONOMIC development; INDUSTRIAL promotion; SUBSIDIES; EXPENDITURES, Public; ECONOMIC assistance, Domestic; OHIO; UNITED States
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