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Fog Surrounding Ohio's Investment Tax Credit
Akron Beacon Journal
  • Steven H Steinglass, Cleveland State University
Document Type
Article
Publication Date
1-1-2006
Keywords
  • constitutional law,
  • tax law,
  • investment tax credits
Abstract

Earlier this month, the U.S. Supreme Court heard oral arguments in DaimlerChrysler Corp. v. Cuno, a closely watched case involving the constitutionality of Ohio's machinery and equipment investment tax credit program. Initially filed in Lucas County common pleas court by state and local taxpayers, including a Toledo business that was being displaced through the city's use of eminent domain, this case challenges the $280 million in state and local tax breaks that DaimlerChrysler received in the late 1990s as an inducement to construct its new $1.2 billion Jeep plant in Toledo.

Comments

Available in Cleveland-Marshall Law Library Special Collections Archive

Citation Information
Steven H. Steinglass, Fog Surrounding Ohio's Investment Tax Credit, Akron Beacon Journal (March 20, 2006)