New York State Comptroller says MTA debt levels threaten capital program
(9) Economic Development is a significant programmatic area in the States, as they (i.e. the States) compete against each other to attract new businesses and the accompanying jobs in a specific state. In addition to comparison of tax rates, there are essentially two types of incentives offered by the states – define and explain the primary differences between the two approaches.
Your answer should include two examples of each.
Which approach do you believe is most effective why? In light of the current crisis, what would you change or recommend as an alternative economic development program?