Every state in the country offers tax breaks and other incentives to lure businesses that will create jobs. One estimate found the programs cost states as much as $40 billion a year in uncollected taxes.
But do they work?
In a new study, The Pew Charitable Trusts found a lot of states just don’t know, because they don’t rigorously evaluate their incentive programs.
WHYY’s Dave Davies sat down with Pew research officer Josh Goodman to talk about the study, and how the states in our region are doing.