Core Viewpoint - The article emphasizes the importance of tax policies and their impact on local economic development, highlighting the role of tax incentives in attracting investments and fostering business growth [5]. Group 1: Tax Policies - Tax incentives are crucial for stimulating local economies and attracting businesses [5]. - The article discusses various tax measures implemented by local governments to enhance competitiveness [5]. Group 2: Economic Impact - The implementation of favorable tax policies has led to increased investment in certain regions, contributing to job creation and economic growth [5]. - The article provides examples of successful tax initiatives that have positively influenced local businesses [5].