- March 07, 2012 - 13:07
If someone wants information on the efficacy tax breaks and government programs in the modern western world, Newfoundland is perfect (and Cuba, but that's got geopolitical hair ion it). A decades-old, virtually uncontaminated petri dish for widely spread and far-reaching state welfare programs. And highly interpretable results to show for it, too.
- March 07, 2012 - 08:43
Now all we need to determine is if there is value to the "research". If the companies had not spent any money on research, would they be in business? If the money was to be spent anyway, then in fact this was a waste of tax dollars. I would guess that in the majority of cases the tax breaks only went to company profits.