Since the mid-1930s state and local governments have issued tax- exempt industrial revenue bonds (IRBs) to finance selected busi- ness enterprises. The original argument for the creation of IRB tax exemptions is the same as that for their present day continuation: Private capital markets...

This study explores the metamorphosis of three major voluntary health agencies — American Cancer Society, American Heart Association, and American Lung Association — from charities supported primary by donations into lobbying organizations seeking taxpayers’ funds and grants from...