US Supreme Court hears challeng to Ohio's Tax Break
US Supreme Court hears challeng to Ohio's Tax Break
As challenges to corporate tax breaks percolate around the country, the U.S. Supreme Court is set to hear arguments next month in a case involving a $280 million tax incentive plan for DaimlerChrysler's Ohio expansion. The case has raised to a high profile a long-running debate over the tax incentives' constitutionality and their effectiveness as an economic development tool. Businesses predict "dire ramifications" if they lose the ability to use the incentives. Click Here for the full article.
As challenges to corporate tax breaks percolate around the country, the U.S. Supreme Court is set to hear arguments next month in a case involving a $280 million tax incentive plan for DaimlerChrysler's Ohio expansion. The case has raised to a high profile a long-running debate over the tax incentives' constitutionality and their effectiveness as an economic development tool. Businesses predict "dire ramifications" if they lose the ability to use the incentives. Click Here for the full article.