This is a guest post by Ronald R. Pollina, President, Pollina Corporate Real Estate, Inc., Park Ridge, Illinois, written in response to the recent publication of the Renewing America Policy Innovation Memo, Curtailing the Subsidy War Within the United States.
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The Renewing America Initiative is releasing today our new Policy Innovation Memo “Curtailing the Subsidy War Within the United States,” which I co-authored with Associate Director Rebecca Strauss. The problem is a vexing one. Governors and state governments quite rightly spend an enormous amount of time and energy trying to attract job-creating investments to their states. They think about how to get the right mix of tax policy, education, infrastructure and sensible regulation that will draw business to their states. They compete vigorously with other states, and other countries, to sell companies on the merits of locating in their state. All of this deserves applause. Read more »