Tax and Cash “Incentives” for Industry in Alaska
14 December 2007The state of Alaska has a wide range of mechanisms to give tax and cash “incentives” to industry. These range from state loans and loan guarantees to revenue bond financing and a variety of tax incentives. See a summary of Alaska’s giveaways to industry and compare them with all the other state incentive plans in a chart prepared by Site Selection Online. Do these giveaways of public dollars and resources result in the expected outcomes, and are they worth it? I sure would like to see the follow-up studies that would answer the questions.
ldw
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