Stateline.org is reporting that an Ohio case challenging the practice of offering state and local tax incentives to lure or keep businesses may soon go to the Supreme Court. The 6th Circuit Court of Appeals has thrown out Ohio’s tax credit program. Sen. George Voinovich, R-Ohio, has introduced legislation in Congress to allow incentives. Gov. Mark Warner, in his role as Chairman of the National Governors Association, has written in support of Voinovich’s proposal.
This could be big, affecting 40 states, including Virginia.
