Virtual Panel Examines ‘Tax Incentives: Promises Made, Promises Broken’

YOUNGSTOWN, Ohio -- Two City Council members acknowledge the old way of stimulating economic development -- tax abatements -- hasn’t always worked. During a virtual panel discussion Wednesday afternoon, First Ward Councilman Julius Oliver and Seventh Ward Councilwoman Basia Adamczak defended some of the incentives awarded in recent years, but acknowledged that companies not living up to their end of the bargain must be held accountable. The virtual panel -- "Tax Incentives: Promises Made

Want to continue reading?

Subscribe to The Business Journal

Just $24/year (digital only) or $42/year (print + digital) will get you full access to all of our articles every month.

Subscribe Today