The Council on Foreign Relations (CFR) in the US has recently published a memorandum that looks at the tax relief and subsidies the US federal and state governments grant every year as an incentive to attract business investment. The memorandum stresses that the lost tax revenue could be used for infrastructure investment or to decease the general tax burden and improve the overall climate for investment. One suggestion is that a Multistate agreement could be used to limit incentives given to business.
