Title

CASE TO HAMPER STATE TAX STRATEGY?

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Abstract

Many states are embroiled in the controversy over a federal court ruling that eliminated state tax incentives, questioning their constitutionality. However, most states see these as an important means of economic competition. Taxation expert Walter Hellerstein said despite this, the ruling will not do irreparable damage. "One easy way for states to encourage business is simply to subsidize them." To read the full story, see the Fulton County Daily Report . The article title is "Millions of dollars, state economics at stake in challenge to tax breaks." It was published on 2/7/06, and the author is Marcia Coyle. Hellerstein was also quoted in the National Law Journal and Entrepreneur Magazine.

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