TITLE

Economic Incentives Safe

AUTHOR(S)
Ackerman, Andrew
PUB. DATE
May 2006
SOURCE
Bond Buyer;5/16/2006, Vol. 356 Issue 32382, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the ruling of the Supreme Court on the case "DaimlerChrysler Corp. v. Cuno," where the court has ruled that taxpayers have no legal right to challenge a tax incentive program that Ohio officials used to encourage DaimlerChrysler Corp. to build a new plant in Toledo, Ohio. The plaintiff alleged injury is conjectural or hypothetical because it requires speculating that elected officials will have to increase taxes to make up for the loss of revenue.
ACCESSION #
20952679

 

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