Policymakers and development officials appear incapable of responsibly awarding subsidies through programs like tax-increment financing (TIF) and tax abatement. These programs redirect increased taxes paid on improved property back to a developer, or prevent taxes from being collected on improved property at all.…
Policymakers and development officials appear incapable of responsibly awarding subsidies through programs like tax-increment financing (TIF) and tax abatement. These programs redirect increased taxes paid on improved property back to a developer, or prevent taxes from being collected on improved property at all.…