Download American Politics in the Age of Ignorance: Why Lawmakers by D. Schultz PDF

By D. Schultz

American Politics within the Age of Ignoranc e appears to be like at ten coverage myths and undesirable principles that governments and public officers - as a rule conservatives - always repeat and re-enact. performing on those myths, the guidelines necessarily fail and thereby strengthen preconceived ideals that govt is useless at fixing difficulties.

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When businesses are surveyed regarding factors important to their economic [re]location, taxes often come in way behind proximity to markets, suppliers, and the quality of the labor force (Wasylenko 1997; Kieschnick 1981). Quality of life and the arts are also critical factors driving economic development (Markusen and Johnson 2006). None of this should come as a surprise. Many of these other factors occupy a larger percentage of a business’ budget than do taxes, and all of them are far more critical to the long-term success of a business than are taxes.

Yet once something is done once, twice, and then more, the concept loses its uniqueness and excitement and it becomes routine. There is a diminishing value to overextending a brand. Moreover, the grandness of 300 cows on parade, often featuring famous artists was a powerful force behind the Chicago exhibit. But there is definitely a copycat aspect to what the others cities did. They saw something someone else did and then figured they could replicate that success in their own community. 1057/9781137308733 46 American Politics in the Age of Ignorance elsewhere and they came, we can build it here and they too will come.

Furthermore, they tend to be very costly for government (2003: 128). Enterprise zones suffer from three defects. First, the financial benefits (tax abatements) are too little to induce relocation decisions. Second, the jobs they produce are not meaningful or are too costly given the public investments. Third, the overall programs are costly. 1057/9781137308733 The Truth about Taxes 39 economic gains while at the same time subsidizing relocation decisions that probably would have already occurred.

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