Judges Say Manufacturing Tax Credit Is Unconstitutional

A manufacturing tax credit that Ohio used in 1998 to help convince Daimler Chrysler to build its new Jeep assembly plant in Toledo is unconstitutional
September 8, 2004, 2pm PDT | Abhijeet Chavan | @legalaidtech
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A federal appeals court said "the tax credit violates the U.S. Constitution's prohibition against interfering with interstate commerce." The court determined that the credit rewards firms that make significant investments in Ohio while offering no break if the same company makes the same investment elsewhere. This ruling could endanger similar tax credits in some 40 states

Thanks to S. M. Maxey

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Published on Friday, September 3, 2004 in Toldeo Blade
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