The playing field for economic development incentives has been muddied recently due to evolving philosophies on incentives and cash-strapped states not only modifying their approach toward incentives, but using the fine print to reconsider promises made to companies looking to move or grow.
As the U.S. economy has recovered, some politicians think incentives aren’t as necessary to attract business and grow jobs. And as state administrations change, new philosophies on how incentives should be used are inevitably adopted.
