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LIKE WOODSTOCK WITH SUITS

March 01, 2006

This post will serve as a place to put links to posts and stories about today's Cuno oral arguments at the Supreme Court as I come across them. Chris Atkins of the anti-Cuno Tax Policy Blog has the first report I've seen:

The crowd was like a “who’s who” in state tax law and policy. It was definitely the closest the tax world will ever come to a rock concert (without the noise, of course).

Also:

Washington Post: Justices Debate Tax Giveaways for Business

Chief Justice John Roberts seemed to be seeking a way to allow a lawsuit to proceed in federal court by taxpayers whose homes or businesses were taken by the city of Toledo to make way for a $1.2 billion Jeep assembly plant.

Other members of the high court, including Justices Antonin Scalia and David Souter, were skeptical about taxpayers' claims that Ohio's investment tax credit discriminates against Ohio companies that do business outside the stat

Scripps-Howard News Service: High court hears business tax breaks case

Much of the hour-long argument was spent debating the threshold question of whether the Ohio and Michigan taxpayers who are Enrich's clients suffered a concrete injury sufficient to let them pursue a federal lawsuit.

Reuters: US court considers Ohio tax credit for Jeep plant

U.S. Supreme Court justices appeared on Wednesday likely to uphold Ohio's investment tax credit program designed to encourage economic development in a case involving large tax breaks to DaimlerChrysler AG

MORE 3/2:

Mlive.com (Ann Arbor): Michigan argues to keep tax breaks for business, in Supreme Court Case

In Michigan's fight for jobs, lucrative tax breaks for corporations have been among its most effective weapons in battling other states to attract manufacturing plants and jobs.

But a group of Ohio taxpayers on Wednesday asked the U.S. Supreme Court to outlaw those incentives for all states, saying they amount to preferential treatment for corporate taxpayers and are therefore unconstitutional. A ruling is expected by June.

Wall Street Journal (subscription only): High Court Hears Daimler Tax Case

The Supreme Court, hearing arguments in a case challenging tax breaks that Ohio awarded DaimlerChrysler AG to expand a plant there, appeared to support claims that such incentives are allowed under the constitution's interstate-commerce clause.

FINAL UPDATE: The TaxProf is on the case with a complete roundup, so my work is done.

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