tax credits Archives - Public Seminar

Economy

The Rural Tax Credit Hustle

Beware investment firms pitching themselves as the saviors of rural America

February 2, 2022 • by Pat Garofalo

The Kentucky proposal would give credits against insurance premium taxes to corporations who provide funds to investment firms that then turn around and invest money in smaller businesses in rural Kentucky. If it seems like that’s needlessly complicated, well, it is. ...

The Alabama insurance market shows how tax breaks benefit dominant corporations

September 20, 2021 • by Pat Garofalo

One of the more pernicious effects of states chucking huge sums of money at dominant corporations is that the lawmakers doing so are harming their own local businesses. Smaller outlets that already face an array of challenges when it comes to competing with the big guys have to just sit ...