Economic Development Tax Incentives

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Do policymakers have the evidence they need to determine whether tax incentives are working? Are they managing the budget risks associated with tax incentives? Pew’s research answers these and other critical questions, and highlights steps that leading states have taken to estimate and control tax incentive costs and measure the economic impact of these programs.

Research & Analysis

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  • Colorado: A Governing Success Story

    Today, leaders in Colorado are doing just that to ensure that state funds are expended on programs that bring the greatest return on investment and serve the public interest. Under the leadership of Governor John Hickenlooper, legislators have worked to craft bipartisan legislation, review budgets, improve services, and build public confidence in the performance of government. In particular, the... Read More

  • New York Takes Steps to Regularly Evaluate Tax Incentives

    Josh Goodman, an officer with Pew's state fiscal health and economic growth project, submitted testimony to the New York City Council’s Committee on Finance on Sept. 22. The testimony expressed support for legislation that would create a process for regular evaluation of the city's economic development tax incentives. Read More

  • Tax Incentive Evaluation in 2016—in Law and Practice

    Many states have made progress in recent years toward regular, rigorous evaluations of their economic development tax incentives. In the 2016 legislative session, Alabama, Colorado, Hawaii, Virginia, and Utah enacted laws requiring regular evaluation, while several other states made progress to implement evaluation laws passed in previous years. As a result, lawmakers in numerous states will soon... Read More

Media Contact

Jeremy Ratner

Director, Communications