Fishkind Conversations: Do Economic Incentives Really Lure Businesses?
There’s been a lot of news recently about economic incentive payments for businesses. After attention was focused on a Carrier furnace plant’s plans to move 2,000 jobs to Mexico from Indiana, the state offered Carrier $7 million in incentives to keep 800 of them.
And here in Florida, there’s a legislative storm brewing over economic incentive payments – Governor Rick Scott has favored them in the past, but incoming House Speaker Richard Corcoran has called them “corporate welfare.”
90.7’s Nicole Darden-Creston asked economic analyst Hank Fishkind to weigh in on whether economic incentive payments work. His answer? “Sometimes.”
Get The 90.7 WMFE Newsletter
Your trusted news source for the latest Central Florida news, updates on special programs and more.GET THE LATEST