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INDUSTRIAL DEVELOPMENT BONDS ll
A SELFPERPETUATING CYCLE
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agency ALABAMA amount areas ARKANSAS attract industry billion BOISE CASCADE bond issues business tax Business Week cities companies receiving cost development and pollution development bond financing economic development officials economists efforts to attract estimated evidence expansion factors federal financing subsidies firms FOOTNOTES free financing GEORGIA GEORGIA PACIFIC giant corporations HARDER MORE INTENSE increase industrial development bonds industrial location industrial parks industrial subsidies INTENSE MORE EFFECTIVE INTERNATIONAL PAPER investment tax investors James Rinehart large corporations localities location decisions location incentives LOUISIANA lure MASSACHUSETTS MICHIGAN MISSOURI MONSANTO NEIGHBORING STATES IMPROVED NORTH CAROLINA NORTH DAKOTA offer PENNSYLVANIA plant pollution control bonds property tax recipients Regional revenue Roger Schmenner self-regulation SOUTH CAROLINA studies subsidy programs tax abatements tax breaks tax competition tax credits tax exemption tax free tax subsidies tax-free financing Treasury Department figures U.S. STEEL Union Camp Union Carbide VIRGINIA Wall Street Journal wealthy York