Exploring the Impact of State and Local Tax Incentives on Corporate Investment Decisions: A Comparative Analysis

Abstract

This paper explores the impact of state and local tax incentives on corporate investment decisions, comparing data from 2018 and 2021. It reveals the diverse impacts of several tax incentive schemes on crucial elements of company behavior, such as capital investment, job creation dynamics, and strategic location determinants, using in-depth analysis and data-driven methodologies. This study's findings are expected to provide significant insights for policymakers, business decision-makers, and stakeholders alike, supporting informed decision-making processes and contributing to the broader discourse on maximizing tax incentive techniques for long-term economic growth.