Evaluating State and Local Business Tax Incentives
Evaluating State and Local Business Tax Incentives
复制标题
评估州和地方营业税激励措施
DOI：
10.3386/w26603
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发表时间：
2020
期刊：
影响因子：
--
通讯作者：
Owen M. Zidar
中科院分区：
文献类型：
--
作者：
C. Slattery;Owen M. Zidar
本文描述和评估了美国州和地方的商业税收优惠政策。2014年，各州以企业特定补贴和一般税收抵免的形式为企业提供人均5美元至216美元的激励措施，主要针对投资，创造就业机会和研发。人均激励较高的州往往有较高的州公司税率。企业特定激励措施的受益者通常是制造业、技术和高技能服务业的大型企业，平均可自由支配的补贴为1.78亿美元，用于1,500个承诺的工作岗位。公司倾向于接受比一般县更富裕、更大、更城市化的地方的补贴交易，而贫穷的地方提供更大的激励措施，在每个工作岗位上花费更多。比较每笔交易的获奖和亚军地点，我们发现交易的三位数行业的平均就业人数增加了大约1,500个工作岗位。虽然我们发现一些证据表明，吸引一家公司可以直接增加就业，但我们没有发现强有力的证据表明，针对公司的税收优惠政策可以提高州和地方层面的经济增长。
This essay describes and evaluates state and local business tax incentives in the United States. In 2014, states spent between $5 and $216 per capita on incentives for firms in the form of firm-specific subsidies and general tax credits, which mostly target investment, job creation, and research and development. States with higher per capita incentives tend to have higher state corporate tax rates. Recipients of firm-specific incentives are usually large establishments in manufacturing, technology, and high-skilled service industries, and the average discretionary subsidy is $178M for 1,500 promised jobs. Firms tend to accept subsidy deals from places that are richer, larger, and more urban than the average county, and poor places provide larger incentives and spend more per job. Comparing winning and runner-up locations for each deal, we find that average employment within the three-digit industry of the deal increases by roughly 1,500 jobs. While we find some evidence of direct employment gains from attracting a firm, we do not find strong evidence that firm-specific tax incentives increase broader economic growth at the state and local level.
影响因子：
5.8
作者：
Fajgelbaum, Pablo D.;Morales, Eduardo;Zidar, Owen
通讯作者：
Zidar, Owen