Tax-Increment Financing

A new report from PIRG identifies problems in the practice of TIFs (tax-increment financing) and suggests ideas for reform.

A new report from the Cato Institute says that tax-increment financing (TIFs) costs taxpayers $10 billion a year and the practice is growing by the minute.

To paraphrase B.F. Skinner, if you want positive behavior, either reward it in return, or remove something unpleasant in response; to paraphrase R. Steuteville's commentary, if we want a green economy, we need to do the same thing with development.