NY Times Study Finds Indiana spends $142 Per Capita on Incentive Programs

From an extensive nationwide study in the New York Times:

Indiana spends at least $921 million per year on incentive programs, according to the most recent data available. That is roughly:

• $142 per capita
• 6¢ per dollar of state budget

• Top Incentives by type

  Indiana's incentive and subsidies include:
  1. $875 millionin Corporate income tax credit, rebate or reduction
  2. $26.4 millionin Personal income tax credit
  3. $9.54 millionin Cash grant, loan or loan guarantee

• Top Incentives by industry

  1. $12.1 millionin Technology
  2. $341,692in Alternative energy
  3. $0in Insurance

http://www.nytimes.com/interactive/2012/12/01/us/government-incentives.html#IN

See the full story behind the data on the Indiana Law Blog:

http://indianalawblog.com/archives/2012/12/ind_govt_united.html