I remember wondering a while back whether states violate the Dormant Commerce Clause when offering business tax breaks to lure them into their local economies.  I’d be interested in some back and forth on whether tax incentives are good.  I’ll leave it that simple.

Apart from the Constitutional question, the crux of the issue, so far in my thinking, resides with the market.  Do business-hungry incentives distort the market?  (the market, I reckon, being the set of considerations a business ponders when locating.)

I suppose everything is allowed within the scope of considerations that a participant in a market may encounter.  That may be; so a distortion, in this respect, is one that is overly-prominent such that the market participant is unable to make a reasoned decision.  Beyond the market as existing between the buyer (a business looking to site) and a seller (a state looking to give tax breaks), the effects of such a distortion may play out among the public–indeed, that’s the point, I reckon.  A state’s tax break might get some folks jobs in a region, but might take away other folks’ state funded quality roads, education, or utilities.

Enough of that, though, as I wanted to leave this an open question.

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