State Job Creation Tax Credits

state job creation tax credits
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40 States regularly rely on tax incentives as an economic development tool to spur job growth. Economists across the nation agree that job creation is the key to a sustained economic recovery. As states work to recover from the recent economic downturn, legislators have been especially aggressive in pursuing job creation tax credits. Employers receive these credits when they create and fill new jobs, so the programs offer tangible benefits. States also expect that the return-in terms of the new employee’s income taxes and renewed spending-will at least meet or exceed what the state loses in revenue directed to the credit.
NCSL – Job Creation Tax Credits – 50 State Table

 

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Ohio Job Creation Tax Credit

Tax Foundation – State Business Incentives

Florida – Unemployed Tax Credit Program

Georgia Job Tax Credit Program

EPI – The job creation tax credit: Dismal projections for employment call for a quick, efficient, and effective response

EPI – Not all job creation tax credits are created equal

Colorado – Job Growth Incentive Tax Credit

Colorado – Job Growth Incentive Tax Credit Fact Sheet

Kentucky Business Investment Program

Kentucky Small Business Tax Credit

Louisiana Economic Development – Tax Credits

Arkansas Department of Finance and Administration

New Mexico – Employment Tax Credits

Albuquerque Journal – Changing one word in tax credit law could save New Mexico millions

Santa Fe New Mexican – Tax credits hurt cash strapped state

14 Ohio job creation projects granted tax credits: See the list