June 20, 2019
Tax Credits Generally Fail to Achieve Goals
The winners from economic-development subsidies are frequently the companies on the receiving end, publicity-seeking politicians and the consultants who broker the deals, and that’s about it.
Michael Farren writes a letter to the editor explaining the negative aspects of government tax credits designed to promote jobs growth.
Read it at the Wall Street Journal.
Moral Hazard: Airline Edition
Veronique de Rugy