Good Jobs First Subsidy News

03/20/2017

By Michael J. Bologna, Bloomberg/BNA

Online retail giant Amazon.com Inc. is about to set a record that few in the tax policy arena thought would ever be achieved.

Amazon, the national leader in e-commerce sales, is expected to vault past a record for state and local tax subsidies held for many years by Wal-Mart Stores Inc., the undisputed king of brick-and-mortar retail sales.

03/13/2017

By Mike Macieg, Governing

When it comes to tax breaks for economic development, following the money has never been easy.

Thanks to new accounting rules, states and localities have to disclose how much revenue they lose to such deals. But a new report finds that most of the nation’s largest local governments fail to reveal other basic information online, like what companies are benefiting, how much money they receive or whether they deliver on promises to create jobs.

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