Monday, June 3, 2013

Star Reports "Who Gets Indiana's Million of Tax Incentive Dollars?"

From the Indianapolis Star:

Wondering which big project has picked up the most tax incentives from the Indiana Economic Development Corporation?

Wonder no longer. Now there's a way to find out.

Here's a list of the 10 biggest tax incentives awarded by the state since 2005. We compiled the data from the state's new "transparency portal," which lists projects by company name, location, amount the state offered and the amount the state has so far agreed to pay out.

The incentives are paid to companies in return for expanding a plant, relocating to Indiana, hiring workers and the like.

The money is paid in the form of tax credits, training grants and other public funds.

So take a look at 10 projects that got the biggest basket of goodies. Then learn what the new "transparency portal" does and doesn't say

http://www.indystar.com/apps/pbcs.dll/gallery?Avis=BG&Dato=20130603&Kategori=BUSINESS21&Lopenr=306030025&Ref=PH