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Incentives for businesses is nothing new, it's done all over the United States, most of these incentives given are put onto the backs of property owners and citizens within the community. Here's an example in my area:
Quote:
Technology Zone Tax Credits: The Wisconsin Department of Commerce‟s Technology Zone
program offers tax credit incentives to new and growing businesses in the State's hightechnology sectors. High technology businesses planning to expand existing operations in a
designated Technology Zone area, individuals planning to start a new business in a Technology
Zone area, or businesses considering relocation to a Technology Zone area from outside
Wisconsin may be eligible for a maximum $500,000 tax credit. Kenosha County, along with
Racine and Walworth Counties, is part of the Southeast Tri-County Technology Zone. As an
administering agency, KABA works with eligible businesses to secure tax credits. Recent
beneficiaries of the program in Kenosha County include Hospira, Inc., in the Village of Pleasant
Prairie, which was awarded a $500,000 Technology Zone Tax Credit in 2006. This was the first
Technology Zone Credit awarded in Kenosha County.
March 28, 2013 | As the national employment recovery slowly has begun to brighten, Wisconsin struggles to keep pace, according to the latest available government jobs data deemed credible by economists.
Wisconsin ranked 44th out of the 50 states in private-sector job creation in the 12 months from September 2011 to September 2012. The state's position has deteriorated progressively from a revised rank of 41st in the previous 12-month period through June 2012; and from a rank of 37th in the 12 months through March 2012.
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