December 2008 Posts
New Jersey’s Revenue Allocation Districts (RADs—the Garden State’s version of tax increment financing) may soon undergo severe deregulation.
Juan Gonzalez of the Daily News reports today that an investigation into the public fina
Responding to many queries, Good Jobs First released its summary of state and local subsidies given to foreign-owned auto assembly plants, totaling $3.6 billion.
In November we blogged about an IRS proposal that would lessen the public approval and transparency requirements states and localities must follow when they issue tax-exempt bonds for private economic development and housing projects.
In Kansas City, subsidized development projects designed to pay their own way with “guaranteed” revenue streams are requiring local government bailouts and cash advances to stay afloat.