The investment tax credit Ohio gave DaimlerChrysler AG in 1998 for its Toledo plant that now builds the Jeep Liberty was unconstitutional, a federal appeals court ruled this week, casting doubt on a practice used by many states to lure investment. The court found the tax credit gives preferential treatment to companies to locate in Ohio rather than in other states, violating the interstate commerce clause of the U.S. Constitution. It ruled that part of the $281 million incentive package ...
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