About State Tax Credits and Incentives

State governments often use their tax system to partner with the private sector on economic development initiatives. As a key part of their economic development strategy, states use tax incentives as one tool of economic development to compete with other states and globally for investment, jobs, and income.  One that has been in the news for the last 15 years is Motion Picture Tax Incentives, started by Peter C. Loop, II (Co-founder of eTax Credit Exchange) in his home state of Louisiana.