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Corporate tax breaks can backfire: NYC finds out

Writer's picture: Kalen AcademyKalen Academy

“Companies aren’t really deciding based on the incentives. They’re deciding where to go and then conning the politicians out of a whole lot of money." In New York City, "the optics of giving money to a huge and successful business — while infrastructure like schools and subways are struggling financially — seems to have become a political third rail."


Source: NBC News


 
 

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