In an attempt to lure businesses to move within their borders, states offer everything from piles of cash to tax-free land and low-interest loans to state tax credits — all in the name of economic development. In theory, the free giveaways will pay for themselves because of increased employment and other economic benefits that come from landing a major industry.Read More →
When it comes to job creation, one state’s loss is another state’s gain.Read More →
Pennsylvania next year faces about a $520 million budget gap, yet it’s still giving businesses millions in grants and tax credits.Read More →
By Carten Cordell │ Watchdog.org, Virginia Bureau
ALEXANDRIA — Virginia’s reputation as a state friendly to business growth isn’t just for giant corporations.
A new study out from website Thumbtack.com and the Kauffman Foundation found the Old Dominion to be the sixth friendliest state for small business growth.
The study, which is in its second year, gave Virginia [...]