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Testimony: Targeted Tax Incentives: Lessons from Michigan’s Lost Decade: 2000-2010
January 29, 2020
Dr. Ted Bolema, Executive Director of the Institute for the Study of Economic Growth, testified before the Kansas Senate Commerce Committee. Dr. Bolema’s testimony, “Targeted Tax Incentives: Lessons from Michigan’s Lost Decade: 2000-2010,” was presented during a hearing on January 29, 2020. The Commerce Committee was hearing testimony related to the renewal of legislation authorizing targeted tax incentives by local governments in Kansas. Bolema urged a cautious approach based on the experience in Michigan with over-use of such incentives and their overall negative impact on the state economy.