Saturday, April 21, 2012

Should Alaska Measure Results of Tax Incentives When it Gives Them?

Alaska Policy Forum
By Online Editor

Many states give tax incentives to industries and companies to entice them to move to their state and hire locally and invest in their state. For example, there was much talk about film industry tax credits during the last legislative session. Many of these discussions centered around what do they bring to the state, how many jobs are created for Alaskans, and are we really giving money to an industry that fights resource development. The real question should be: do credits of this type really work and do they provide good jobs for Alaskans? How do we connect policy (legislation) with a return on the taxpayers’ investment?

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