Local Economy Policy: Supporting and Growing our Local Economy

The policies below were gathered from the Institute for Local Self-Reliance (ILSR):

GOAL: Support and Grow our Local Economy

  • End subsidies to large outside corporations (property tax exemptions, sales tax rebates, job tax credits, tax increment financing (TIF))
  • Restructure the finance system to operate at a community scale (Local Economy Investment Pools)
  • Adopt planning policies that create great habitat for local businesses (zoning, broadband)
  • Shift spending at public institutions (procurement preferences)
  • Target investment in local economies (loan fund)
  • Collect better data and set benchmarks to track progress (impact assessment)

More information:

Examples:

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