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Can Connecticut Afford to Hand Out $860 Million in Tax Incentives to Businesses Each Year?
A new analysis by the New York Times puts the national tab at more than $80 billion a year in state and local taxpayer handouts to businesses. Those include tax breaks, low-interest loans and outright cash giveaways to encourage companies to locate in a particular area or expand there.
By Gregory B. Hladky
December 11, 2012