Do tax incentives really work over the long term? Some quick searching via Google seem to bring up some negative answers but my search term could be biased ("do tax incentives really work?") and only lead me to answers that backup my question. I'm just curious to know if Tax Incentives actually do work for any city or state. Weren't tax breaks (or the removal of) part of the problem that got P.R. into their current situation?
What is your definition of "really work"? Georgia started its tax incentives for Film/Television in 2005 and now it's the third largest film/tv industry in the nation behind California and NY. It's also propped up tourist economies as a secondary effect where people want to go to places where things were filmed. Georgia legislators would probably argue that the incentives there work.
