Editorial: Enough with the corporate welfare. California can stop the tax-break arms race
by The Times Editorial Board, Los Angeles Times
Sep 16, 2019
3 minutes
Desperate for jobs and revenue, cities have long offered tax breaks to lure companies to set up shop inside their borders or to stop employers from leaving. But in recent years, municipalities have increasingly been getting caught in tax-break bidding wars over the firms they're trying to woo, as online companies take advantage of California's arcane sales tax rules to extract ever more lucrative deals. Those arrangements shortchange local residents
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