A NO-WIN WAR BETWEEN THE STATES

POLITICIANS ARE HANDING OUT FATTER TAX BREAKS THAN EVER TO LURE JOBS TO THEIR AREAS. THEY MAY BE DEVASTATING U.S. CITIES IN THE PROCESS

SELF-IMPOSED RAPE." THAT IS THE twisted phrase North Carolina attorney William Maready uses to describe the fevered frequency with which U.S. cities, counties and states are flinging open their coffers to attract big businesses and the jobs they bring. Maready, a trial lawyer whose challenge to the practice was turned back by the North Carolina supreme court last month, is hardly alone in attacking the use of taxpayer funds in the relocation sweepstakes. "We're spending billions of dollars to fund the moving van," says state senator Charles Horn of Ohio, which trucked more than $2.4 billion last year to lure or...

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