If a community gives a company tax breaks in return for the promise of new jobs and the firm fails to deliver,rescinding those tax breaks when firms don't deliver promised jobs are known as cutbacks.

Name: If a community gives a company tax breaks in return for the promise of new jobs and the firm fails to deliver,rescinding those tax breaks when firms don't deliver promised jobs are known as cutbacks.
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Question

Quizplus · Accepted Answer

Rescinding the tax breaks when firms don't deliver promised jobs is known as clawbacks.

If a Community Gives a Company Tax Breaks in Return