Business Week: Job Creation Tax Incentives Don’t Help Economy July 2, 2009 Joseph Bishop-Henchman Joseph Bishop-Henchman From Business Week: Companies taking advantage of lucrative tax incentives are jumping from state to state—and bringing their jobs with them. Sure, some states will see job gains, but they may be only temporary. As a result, the states’ efforts likely won’t improve the national jobs picture. The tax-break boom “undermines the economic union, and it misallocates resources,” says Arthur J. Rolnick, senior vice-president and research director for the Federal Reserve Bank of Minneapolis. “It amounts to economic warfare among states.” More here. Stay informed on the tax policies impacting you. Subscribe to get insights from our trusted experts delivered straight to your inbox. Subscribe Share Tweet Share Email Topics Center for State Tax Policy Individual Tax Expenditures, Credits, and Deductions Tags Job Creation State Tax and Spending Policy