Private Profits and Public Plight: Detroit's Economic Incentives to Industry
Luedders, Andrew C.
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The writer spent ten weeks in early 1988, as well as eleven weeks in the spring of 1986, working as an intern in the office of Detroit City Council member Mel Ravitz. During these internships, the author was primarily responsible for research and analysis pertaining to economic development projects administered by the City of Detroit. This paper brings together what has been learned about a specific economic development tool, the industrial property tax abatement, and its relation to tax increment financing. A major focus of this paper is the role which big business, particularly the automobile industry, plays in the City of Detroit's economic development plans. The introduction identifies the problems facing the City of Detroit, and subsequent sections evaluate the results of Detroit's economic development policy. Appendices to this paper include some of the memoranda and reports prepared by the author for Councilman Ravitz. That work was an important stage in the development of this paper.If you are not a current K College student, faculty, or staff member, email email@example.com to request access to this SIP.