Study finds tax incentives bad for local governments

A study has found that publicly funded incentives such as property tax abatements and investment tax credits are "linked with worse overall fiscal health" for the state and local jurisdictions that employ them.

The study, from researchers at North Carolina State University, took a comprehensive look at all incentives offered in 32 states from 1990 to 2015.

Report: "You Don't Always Get What You Want: The Effect of Financial Incentives on State Fiscal Health" (North Carolina State University)