Who are the main beneficiaries of tax-exempt industrial development bonds (which enable communities to borrow funds to
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Who are the main beneficiaries of tax-exempt industrial development bonds (which enable communities to borrow funds to re-lend to firms constructing new plants within the city):
a. Workers in the town?
b. Landowners in the town?
c. The industries that move into the town? Give your assumptions. Does it make a difference whether only one community provides these bonds or all communities provide them?
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Related Book For
Economics Of The Public Sector
ISBN: 9780393925227
4th Edition
Authors: Joseph E. Stiglitz, Jay K. Rosengard
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