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Tax Incentives

Jonas Bengtsson/flickr

With so much emphasis being placed on the need to accelerate job creation and economic growth, communities across the country are offering companies rich incentives to expand operations or to relocate.  As reported by The Wall Street Journal, economic development tax incentives have more than tripled over the past twenty-five years, offsetting about thirty percent of the taxes the companies receiving incentives would otherwise be paying.

Anirban has more. 

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.