Billions in incentives with no proof they work

Every month Tennessee state and local governments award millions of dollars in taxpayer subsidies to create long-lasting jobs. More than $2.5 billion in incentives are given to businesses in the state each year, according to one estimate. A partnership of the largest media companies in the state examined those subsidies to answer a simple question: Are they good investments? The data proved elusive. The lack of consistent, accurate records makes it difficult for the public to evaluate whether Tennesseans are getting what they paid for.

The Cost of Jobs

 

Overview

By MIKE REICHER
Via Tennessean