Ohio Incentives Decision Revisited
Posted: 16 Sep 2005
The author says the U.S. Sixth Circuit's decision in Cuno v. DaimlerChrysler, which struck down Ohio's investment tax credit as unconstitutional, did not make sense as a matter of tax policy or Commerce Clause doctrine. He also criticizes the decision's supporters, saying they have an unhealthy distrust of Democratic government. But he says the most beneficial impact of the decision in Cuno will be to provide broader debate about subsidies for corporations.
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