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Idaho’s business tax incentives aren’t what they seem
June 27, 2017 /
In his annual address to the business community earlier this month, Idaho Gov. Butch Otter touted the economic benefits of the state’s Tax Reimbursement Incentive (TRI) program. He quoted Idaho Commerce’s claim that this program returns more than 400 percent for every dollar the government "invests."
That’s a great return.
Unfortunately, economic theory and historical evidence give weight to the old adage, "What sounds too good to be true, probably is."
BY PETER CRABB
Full Story: http://www.idahostatesman.com/news/business/business-insider/article156741774.html
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Posted in: Idaho News & Events
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