Editorial
Council casts more critical eye on tax breaks
A Tuesday vote by Fort Wayne City Council denying Amazon s request for a $7.3 million tax phase-in likely gave state economic development officials a bit of heartburn. After all, they love to boast about how easy it is to do business here, and they especially love to compare Indiana s tax climate to neighboring Illinois.
Low taxes on businesses are an attractive incentive for potential investors, but CNBC s recent Top States for Business survey, in which Illinois finished 15th and Indiana 19th, reveals some of the same concerns expressed by City Council members voting no on the Amazon abatement request. States that are attractive to business are those that take into account the people who will work in those businesses.
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