In a setback for opponents of corporate tax giveaways, the US Supreme Court ruled last week that Ohio taxpayers did not have a legal right to contest the constitutionality of $300 million in tax incentives given by the state of Ohio to the DaimlerChrysler corporation. The Cleveland Plain Dealer reports on the decision in this article.
The good news is that by relying on this technicality to dismiss the case, the Court left the door open for the main policy question at stake: whether corporate tax incentives are constitutional to begin with.
Good Jobs First has issued a short analysis of the decision's implications here. The text of the Supreme Court's opinion is here.
Parts of this post were originally published in CTJ's Tax Digest, a weekly email that highlights state and federal tax trends across the country. If you'd like to subscribe to the digest send an email to: ctj@ctj.org