Making Incentives Work
BY:
James H. Renzas
There has been a great deal of press recently on incentives deals gone bad due to the collapsing economy and the inability of companies to fulfill their job creation and investment obligations under existing incentives agreements. For example, the Associated Press reported recently that Target Corporation was assessed an additional $600,000 by DeKalb, Illinois, for failing to fulfill its obligation to create at least 500 jobs at its local distribution center. more....