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Beskrivelse
In the most comprehensive assessment of tax increment financing (TIF) with practical policy recommendations, economist David Merriman reviews more than 30 studies and offers guidance for local policy makers and practitioners. The report explains how TIF districts work, illustrates TIF use with case studies from around the country, describes TIF's potential benefits and pitfalls, and reviews a large body of academic work that evaluates TIF's effects on economic development.