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Fortune
Fortune
Jim Small

Return-to-office mandates: Why tax breaks are not a reason for companies in states such as Texas, Utah, and New Jersey to force employees back

(Credit: JIM WATSON - AFP - Getty Images)

Before the COVID-19 pandemic, U.S. businesses were receiving an average of $30 billion annually in local and state tax incentives, much of it for creating jobs that directly benefit local economies. Those agreements typically required workers to work from a central office located in the tax-break-granting city or state.

The rather stunning sum leads to a series of questions that hang over regional economies, city budgets, downtowns, transit systems, and companies and their workforces.

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