Florida Economic Development Officials Push for Incentives
Programs such as the Qualified Target Industry tax refund tip “the scale a little bit in our direction,” says Bob Swindell, president and CEO of the Greater Fort Lauderdale Alliance.
January 22, 2021 at 01:08 PM
1 minute read
By Jim Turner |
January 22, 2021 at 01:08 PM
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U.S. Space Command headquarters going to Alabama is the latest evidence of Florida’s self-inflicted wounds from cutting back on business incentives, members of the Florida Economic Development Council argued.
The council maintains that Florida put itself at a competitive disadvantage in attracting high-skilled and high-paying jobs by giving up on “performance-based” incentive programs such as the Qualified Target Industry, or QTI, tax-refund program.
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