Economic Development Subsidies: Helpful or Radioactive?

4 friends of taxpayers-2

In testifying to the House and Senate Committees on Revenue and Taxation yesterday, Grant Tennille (the head of the Arkansas Economic Development Commission) explained yesterday that Arkansas’s reliance on corporate welfare is like a nuclear weapon. Tennille said: “I say this all the time. I hate incentives. I don’t think we ever should pay a dime to anybody to do anything. But I feel about incentives the same way I feel about nuclear weapons. I will happily be the second guy to put … [Read more...]