Will A Gulf Enterprise Zone Work?

Is there any evidence to suggest the turning the Gulf Coast into one huge, tax-sheltered enterprise zone will help businesses?

1 minute read

October 26, 2005, 7:00 AM PDT

By Chris Steins @planetizen


"Despite the creation of hundreds of local, state and federal enterprise zones that have bestowed billions of dollars in tax benefits on thousands of qualifying businesses over the last two decades, nobody has been able to demonstrate conclusively that the incentives actually work.

In the absence of hard data, ideology tends to define the debate.

...Bush's GO Zone would provide tax breaks and business loans in New Orleans and hurricane-stricken regions of Louisiana, Mississippi and Alabama through 2007."

Tuesday, October 25, 2005 in The Los Angeles Times

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